Life Insurance

Revealed – world’s best insurance companies for 2024



Revealed – world’s best insurance companies for 2024 | Insurance Business America















Lists span home, auto, and life insurance


Insurance News

By
Terry Gangcuangco

Forbes has published its 2024 global lists of the best insurance companies for home, auto, and life insurance.

Explaining its process in producing the rankings, Forbes noted: “To create these lists, Forbes partnered with Statista for the second year in a row and surveyed more than 45,000 consumers in 15 countries between late January and mid-March.

“All participants were required to have held at least one insurance policy – homeowners’, auto, or life – in the past three years, and were asked if they would recommend their insurer to others. Respondents were also asked about their satisfaction and loyalty to their insurance company, and to evaluate the insurer based on such criteria as the advice employees offered, customer service, price performance, transparency, and damage service.

“Survey responses were analyzed and scored, and the companies with the highest scores in their countries made our final lists. In all, a total of 298 companies ranked on at least one list – 160 in auto, 130 in homeowners’, and 145 in life – while 31 earned a spot on all three lists. Some companies even made all three lists in multiple countries, including AXA, which nabbed a spot on all three lists in both Germany and Italy; and Allianz, which ranked in every category in both Germany and Brazil.”

Home insurance






































































































































Best home insurance companies – Forbes

Country

1st for women

South Africa

AAA Insurance

United States

Acuity Insurance

United States

AFR Insurance

United States

Ageas Group

Belgium

Ageas UK

United Kingdom

Aioi Nissay Dowa Insurance

Japan

Alberta Motor Association

Canada

Alfa Insurance

United States

Allianz

Germany

Allianz Brasil

Brazil

Allstate

United States

American Family Insurance

United States

American National Group

United States

Amica

United States

Argenta

Belgium

Arkansas Farm Bureau Insurance

United States

a.s.r.

Netherlands

Assurances du Crédit Mutuel

France

Auto-Owners Insurance

United States

Aviva Canada

Canada

AXA Deutschland

Germany

AXA Assicurazioni

Italy

AXA Korea

South Korea

Bajaj Allianz General Insurance

India

Banque populaire

France

BCAA

Canada

Belfius Direct Verzekeringen

Belgium

Beneva

Canada

Bradesco Seguros

Brazil

Budget Insurance

Republic of South Africa

CAA Insurance

Canada

Cattolica Assicurazioni

Itaaly

Centraal Beheer

Netherlands

Chubb

United States

Co-op

United Kingdom

COUNTRY Financial

United States

Covea Insurance

United Kingdom

DB Direct Insurance

South Korea

Debeka

Germany

Desjardins

Canada

DEVK

Germany

Direct Assurance

France

DVV verzekeringen

Belgium

Encompass Insurance

United States

esurance

United States

Farm Bureau Financial Services

United States

Farm Bureau Insurance of Tennessee

United States

Generali Group

Italy

Generali Seguros

Spain

Germania

United States

GMF Assurances

France

Gore Mutual

Canada

Gothaer

Germany

Hausbesitzer-Versicherung

Germany

HDFC ERGO General Insurance

India

HUK-COBURG

Germany

HUK24

Germany

ICICI Lombard General Insurance

India

Industrial Alliance

Canada

Intact Financial

Canada

Interpolis

Netherlands

JA Kyousai

Japan

KB Insurance

South Korea

KBC

Belgium

Klaverblad Verzekeringen

Netherlands

Kokumin Kyousai co-op

Japan

Lemonade

United States

Liberty

[South Africa]

Liberty Seguros

Brazil

Lloyds Bank

United Kingdom

LV= General Insurance

United Kingdom

MAAF Assurances

France

MACSF

France

MAIF

France

MAPFRE Brasil

Brazil

MAPFRE España

Spain

Meritz Fire & Marine Insurance

South Korea

Momentum

South Africa

Mutua Madrileña

Spain

Mutuelle de Poitiers Assurances

France

Nationwide Building Society

United Kingdom

NFU Mutual

Unnited Kingdom

Nh1816

Netherlands

NJM Insurance Group

United States

North Carolina Farm Bureau

United States

NYCM Insurance

United States

OHRA

Netherlands

One Call Insurance

United Kingdom

Oriental Insurance

India

OUTsurance

South Africa

Penn National Insurance

United States

Porto Seguro

Brazil

Promovendum

Netherlands

Promutuel Assurance

Canada

Provinzial Versicherung

Germany

RAA

Australia

RAC Australia

Australia

RACT

Australia

RACV

Australia

Rakuten General Insurance

Japan

RSA

United Kingdom

Safety Insurance

United States

Saga

United Kingdom

Samsung Fire & Marine

South Korea

Seguros Lagun Aro

Spain

Shelter Insurance

United States

SNS

Netherlands

Sony Assurance

Japan

Sparkassen DirektVersicherung

Germany

Sparkassen Versicherung

Germany

State Farm

United States

Suravenir Assurances

France

Tata AIG General Insurance

India

Texas Farm Bureau Insurance

United States

The Hartford

United States

Thélem Assurances

France

Unicredit Allianz Assicurazioni

Italy

UnipolSai Assicurazioni

Italy

Univé

Netherlands

USAA

United States

Versicherungskammer Bayern

Germany

VHV Group

Germany

West Bend Mutual Insurance

United States

Westfield Insurance

United States

WGV Versicherung

Germany

Youi

Australia

zlm

Netherlands

Zurich Group Germany

Germany

Zurich Vida

Spain

 

Auto insurance




































































































































































Best auto insurance companies – Forbes

Country

1st for women

South Africa

21st Century Insurance

United States

AAA Insurance

United States

ABN AMRO

Netherlands

Absa

South Africa

ACKO General Insurance

India

ACM Insurance

Belgium

Acuity Insurance

United States

AIG Japan

Japan

Alfa Insurance

United States

Allianz

Germany

Allianz Brasil

Brazil

Allianz Direct Deutschland

Germany

Allianz Direct Italia

Italy

Allianz Direct Nederland

Netherlands

Allianz Nederland

Netherlands

American Family Insurance

United States

American National Group

United States

Amica

United States

ANWB

Netherlands

Arkansas Farm Bureau Insurance

United States

Assurances du Crédit Mutuel

France

Auto & General

South Africa

Auto-Owners Insurance

United States

Aviva

United Kingdom

Aviva Canada

Canada

AXA Deutschland

Germany

AXA Assicurazioni

Italy

AXA Korea

South Korea

AXA MPS

Italy

AXA UK

United Kingdom

Bajaj Allianz General Insurance

India

Banque populaire

France

BBVA Allianz

Spain

BCAA

Canada

belairdirect

Canada

Bluefire

United States

Bradesco Seguros

Brazil

Budget Insurance

South Africa

Budget Insurance UK

United Kingdom

CAA Insurance

Canada

Caixa Seguradora

Brazil

Cattolica Assicurazioni

Italy

Centraal Beheer

Netherlands

Chubb

United States

Cincinnati Insurance Company

United States

Co-op

United Kingdom

ConTe.it

Italy

COUNTRY Financial

United States

Debeka

Germany

Desjardins

Canada

Dial Direct Insurance

[South Africa]

[Discovery]

[South Africa]

die Bayerische

Germany

DVV verzekeringen

Belgium

E.design

Japan

Encompass Insurance

United States

ERGO

Germany

Farm Bureau Financial Services

United States

Farm Bureau Insurance

United States

Farm Bureau Insurance of Tennessee

United States

Federale Verzekering

Belgium

Florida Farm Bureau Insurance

United States

Future Generali India

India

General Accident Car Insurance GB

United Kingdom

Generali Deutschland

Germany

Geoffrey Insurance

United Kingdom

GMF Assurances

France

Hanwha General

South Korea

HDFC ERGO General Insurance

India

Hollard Insurance

Australia

HUK-COBURG

Germany

ICICI Lombard General Insurance

India

Indiana Farm Bureau Insurance

United States

Industrial Alliance

Canada

Intact Financial

Canada

Interpolis

Netherlands

Intesa Sanpaolo

Italy

Italiana Assicurazioni

Italy

Itzehoer

Germany

JA Kyousai

Japan

KB Insurance

South Korea

KBC

Belgium

Kotak General Insurance

India

Kyoei Fire & Marine Insurance

Japan

LCL

France

Liberty Seguros

Brazil

LV= General Insurance

United Kingdom

LVM Versicherung

Germany

MACIF

France

MACSF

France

MAIF

France

Manitoba Public Insurance

Canada

MAPFRE Brasil

Brazil

MAPFRE España

Spain

Meritz Fire & Marine Insurance

South Korea

Mitsui Direct General Insurance

Japan

Mitsui Sumitomo Insurance

Japan

Momentum

South Korea

Mutua Madrileña

Spain

Mutuelle de Poitiers Assurances

France

NFU Mutual

United Kingdom

Nh1816

Netherlands

NJM Insurance Group

United States

North Carolina Farm Bureau

United States

NYCM Insurance

United States

OHRA

Netherlands

Old Mutual

South Africa

One Call Insurance

United Kingdom

Optimco

Belgium

OUTsurance

South Africa

Policy Expert

United Kingdom

Porto Seguro

Brazil

Provinzial Versicherung

Germany

RAA

Australia

RAC UK

United Kingdom

RACT

Australia

RACV

Australia

Rakuten General Insurance

Japan

RBC Insurance

Canada

Royal Sundaram General

India

Safety Insurance

United States

Saga

United Kingdom

Saison Automobile & Fire Insurance

Japan

Samsung Fire & Marine

South Korea

Santam

South Africa

SBI General Insurance

India

SeguarCaixa Adeslas

Spain

Seguros Catalana Occidente

Spain

Sheilas’ Wheels

United Kingdom

Shelter Insurance

United States

Signal Iduna

Germany

Sparkassen Versicherung

Germany

State Farm

United States

Suhai

Brazil

Suravenir Assurances

France

Swinton Insurance

United Kingdom

Tata AIG General Insurance

India

The Co-operators

Canada

The Hartford

United States

Thélem Assurances

France

Tokio Marine & Nichido Fire Insurance

Japan

Tokio Marine Seguradora

Brazil

Tua Assicurazioni

Italy

UnipolSai Assicurazioni

Italy

Univé

Netherlands

Universal Sompo General Insurance

India

USAA

United States

Versicherungskammer Bayern

Germany

Virginia Farm Bureau Mutual Insurance

United States

West Bend Mutual Insurance

United States

Westfield Insurance

United States

Württembergische

Germany

Youi

Australia

Zenith Insurance

United Kingdom

zlm

Netherlands

Zurich Italia

Italy

Zurich Japan

Japan

Zurich Santander Brasil

Brazil

Zurich Seguros

Brazil

 

Life insurance





















































































































































Best life insurance companies – Forbes

Country

1st for women

South Africa

5 Star Life

United States

AAA Life

United States

Abanca

Spain

ACKO General Insurance

India

Aflac

United States

AFLAC Japan

Japan

AFR Insurance

United States

Ageas Group

Belgium

AIA Australia

Australia

AIA Korea

South Korea

Alfa Insurance

United States

Allianz

Germany

Allianz Australia

Australia

Allianz Brasil

Brazil

Allianz France

France

Allstate

United States

Allstate Canada

Canada

American-Amicable Life Insurance

United States

American Family Insurance

United States

American International Group

United States

Americo Life

United States

Argenta

Belgium

a.s.r.

Netherlands

Assupol

South Africa

Auto-Owners Insurance

United States

AXA Deutschland

Germany

AXA España

Spain

AXA Assicurazioni

Italy

AXA MPS

Italy

Bajaj Allianz Life

India

Bharti AXA

India

Boston Mutual Life Insurance

United States

Canada Life

Canada

Cattolica Assicurazioni

Italy

Centraal Beheer

Netherlands

Cincinnati Insurance Company

United States

Colonial Life

United States

Coop Kyousai

Japan

COUNTRY Financial

United States

DB Life

South Korea

Dela

Netherlands

DELA Belgique

Belgium

Desjardins

Canada

DEVK

Germany

DLV – Deutsche Lebensversicherung

Germany

DVV verzekeringen

Belgium

Empire Life

Canada

Farm Bureau Financial Services

United States

F&G

United States

Fidelity Investments

United States

Foresters Financial

Canada

Fubon Hyundai Life

South Korea

Fukoku Mutual Life Insurance

Japan

Geico

United States

Generali Group

Italy

Generali Seguros

Spain

Gerber Life

United States

Globe Life

United States

GPM Life

United States

Groupama Italia

Italy

Hanwha Life

South Korea

HDFC Life

India

HUK-COBURG

Germany

ICICI Prudential Life Insurance

India

Industrial Alliance

Canada

Interpolis

Netherlands

JA Kyousai

Japan

John Hancock

United States

KB Life Insurance

South Korea

KBC

Belgium

Kokumin Kyousai co-op

Japan

Kotak Life

India

Kyobo Life Planet Life Insurance

South Korea

LCL

France

Legal & General Group

United Kingdom

Liberty Seguros

Brazil

Lifenet Insurance

Japan

LV= General Insurance

United Kingdom

LVM Versicherung

Germany

MACIF

France

MACSF

France

MAIF

France

Manulife

Canada

Manulife Japan

Japan

MAPFRE España

Spain

MassMutual

United States

Max Life Insurance

India

Mediolanum Vita

Italy

MetLife Australia

Australia

MetLife Korea

South Korea

Mirae Asset Life Insurance

South Korea

Mitsui Sumitomo Aioi Life Insurance

Japan

Modern Woodmen of America

United States

Mutual of Omaha

United States

National Life

United States

Nationwide Mutual Insurance

United States

Nedbank Insurance

South Africa

New York Life

United States

Nissay Wealth Life Insurance

Japan

NongHyup Life Insurance

South Korea

Northwestern Mutual

United States

OUTsurance

South Africa

Pacific Life

United States

Physicians Mutual

United States

Prudential Financial

United States

Prudential Life

Japan

Reale Mutua

Italy

Royal London

United Kingdom

Samsung Life

South Korea

Sanlam

South Africa

Santa Lucía Seguros

Spain

Sara Assicurazioni

Italy

SBI Life

India

Scottish Widows

United Kingdom

Security Mutual Life

United States

Signal Iduna

Germany

Sony Life Insurance

Japan

Sparkassen Versicherung

Germany

Star Union Dai-ichi Life Insurance

India

State Farm

United States

SulAmérica

Brazil

Sun Life Canada

Canada

SunLife

United Kingdom

Symetra

United States

Taiyo Life Insurance Co

Japan

TAL

Australia

TATA AIA Life Insurance

India

TD Insurance

Canada

The Co-operators

Canada

The Neo First

Japan

Thrivent

United States

Tokio Marine & Nichido Life Insurance

Japan

Tokio Marine Seguradora

Brazil

Transamerica

United States

UnipolSai Assicurazioni

Italy

Univé

Netherlands

USAA

United States

Versicherungskammer Bayern

Germany

WoodmenLife

United States

Württembergische

Germany

Zurich Australia

Australia

Zurich Italia

Italy

Zurich Life Insurance Japan

Japan

Zurich Seguros

Brazil

 

The Forbes rankings are on a country basis. In the US, the best home insurance company is Texas Farm Bureau Insurance; auto, Shelter Insurance; and life, COUNTRY Financial.  

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