Probably, there is no such branch which have not suffered from recent global financial crises. Insurance is not an exception, as many companies have covered their clients’ damages had to turn away from economical lap. People are looking for safeguards and security and in a healthy economy insurance insurers gladly serve them, but a time of crisis gave rise to a very large number of insurance claims and insurance companies by paying compensations, have suffered serious losses. How did the crisis affect the global giants of the insurance?
Today the largest insurer in the world is American International Group (AIG). This American insurance company with a capital of 172 billion dollars., ranked the first place in the U.S. life insurance and the second place for property insurance. The government helped AIG to hold out during the crisis, the government helped AIG, but its own capital played not the least role in this.
American International Group, Inc. (AIG) is a leading international insurance organization serving customers in more than 130 countries. AIG companies serve commercial, institutional, and individual customers through one of the most extensive worldwide property-casualty networks of any insurer. In addition, AIG companies are leading providers of life insurance and retirement services in the United States. AIG common stock is listed on the New York Stock Exchange and the Tokyo Stock Exchange.
The French AXA Group is the second insurance company in the world in terms of income is the, capital of which is 66 billion dollars .. Her specialty is financial insurance, and the number of clients exceeds the number of clients of AIG. A characteristic feature is that even without the help of the state, AXA Group has survived the crisis without incident. It speaks about the professionalism of AXA. Also, in difficult times she even showed a profit of almost a billion dollars.
An international network of assistance and services for Corporate and individual clients.
AXA Assistance is present in more than 30 countries, on 5 continents. It has a workforce of 6,300 people worldwide. Having defined a common, Europe-wide bank strategy, AXA has decided to dovetail all its individual banking services via a European bank division: AXA Bank Europe. A limited range of simple, attractive and innovative banking products and services is on offer in the countries in which the banking and insurance services answer to our customers' needs, particularly in terms of savings offerings.
The German insurance company Allianz Worldwide is the third in the top three. Its capital is 65.5 billion dollars .. It has no major areas of insurance, vice verse, has the most extensive list of insurance services. This feature has helped to overcome the crisis almost without damage. Also characteristic of the Allianz Worldwide is the fact that it only works on the European market.
Allianz Worldwide Care specialises in providing international health insurance for employees, individuals and their dependants, wherever they are in the world. As a wholly owned subsidiary of the Allianz Group, the company is able to draw on the resources and expertise of one of the world’s leading insurers and financial services providers. Founded in 1890, today the Allianz Group is one of the leading global services providers in insurance, banking and asset management. With approximately 151,000 employees worldwide, the Allianz Group serves more than 76 million customers in approximately 70 countries.
This three leaders fully proved its reliability and stability. They have not only established their insurance leadership with such excellent work, but also earned people’s trust in many countries