Leading global property/casualty (stock) insurance companies 2018, by revenue

Leading property and casualty (stock) insurance companies globally in 2018, by revenue (in billion U.S. dollars)

by Jennifer Rudden, last edited Aug 15, 2019
Leading global property/casualty (stock) insurance companies 2018, by revenue Berkshire Hathaway was the most profitable property and casualty (stock) insurance company in the world in 2018, with revenues amounting to 247.8 billion U.S. dollars. People’s Insurance Company of China and Munich Re followed behind with 75.38 billion U.S. dollars and 67.22 billion U.S. dollars, respectively.
The history of Berkshire Hathaway

Berkshire Hathaway is a multinational conglomerate holding company, which is headquartered in Omaha, Nebraska. Berkshire Hathaway began as a textile manufacturing company in the mid-19th century, but expanded into other industries - such as insurance, investment and media – from the mid-20th century onwards. It is perhaps most well-known for its CEO, billionaire Warren Buffett, but also for being among the most valuable companies in the world.

Comparison with other top companies

Berkshire Hathaway is also one of the most profitable companies globally. The rest of the top ten is dominated by fossil fuel and automobile companies, so Berkshire alone represents the financial services sector. Berkshire is one of the largest wind energy producers in the U.S., but is also still active in the coal industry. The company's revenue has steadily increased over the past decade.
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Leading property and casualty (stock) insurance companies globally in 2018, by revenue (in billion U.S. dollars)

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