Leading insurers
Being the largest insurance market in the world, the U.S. is also home to many of the world’s leading insurance companies. In 2021, the U.S. insurance industry was led by Berkshire Hathaway, Prudential Financial, and MetLife in terms of total assets held by each company. Prudential Financial provides investment management and other financial products along with insurance services, while Berkshire Hathaway is a holding company with subsidiary companies that engage in freight rail transportation, energy generation and distribution, manufacturing, and retailing in addition to insurance.Life & health insurance
Health insurance is an ever-present topic in the United States, especially since the introduction of Obamacare in 2010 which expanded coverage to previously uninsured Americans. There are a number of forms of health insurance that exist in the United States. The main forms include varieties of private and public coverage. In 2021, UnitedHealth Group Inc was the largest health insurance company by direct premiums written, with a 15 percent market share. As of March 2023, the largest life insurance company in the U.S. was MetLife, with approximately 46 billion U.S. dollars in market capitalization.
