As of May 2023, Allianz was the leading life and health insurer in Europe, with a market value of about 94 billion U.S. dollars. The second largest European life and health insurance company, with market value of approximately 83 billion U.S. dollars, was Swiss insurer Chubb. Allianz and AXA were the largest European insurance companies by total assets.
Market capitalization
Market capitalization, also known as stock market value, is the total value of issued shares of a publicly traded company. It is equal to the share price multiplied by the number of shares outstanding. It applies only to publicly traded companies or companies that have made their stock market debut, also known as the initial public offering, or an IPO. Due to the practice of buying and selling stock in public markets, market capitalization can be used as a proxy for the wider public’s opinion of a company’s net worth.
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CompaniesMarketCap.com. (May 5, 2023). Leading European life and health insurance companies as of May 2023, by market value (in billion U.S. dollars) [Graph]. In Statista. Retrieved August 25, 2024, from https://www.statista.com/statistics/780545/leading-life-health-insurance-companies-by-market-value-europe/
CompaniesMarketCap.com. "Leading European life and health insurance companies as of May 2023, by market value (in billion U.S. dollars)." Chart. May 5, 2023. Statista. Accessed August 25, 2024. https://www.statista.com/statistics/780545/leading-life-health-insurance-companies-by-market-value-europe/
CompaniesMarketCap.com. (2023). Leading European life and health insurance companies as of May 2023, by market value (in billion U.S. dollars). Statista. Statista Inc.. Accessed: August 25, 2024. https://www.statista.com/statistics/780545/leading-life-health-insurance-companies-by-market-value-europe/
CompaniesMarketCap.com. "Leading European Life and Health Insurance Companies as of May 2023, by Market Value (in Billion U.S. Dollars)." Statista, Statista Inc., 5 May 2023, https://www.statista.com/statistics/780545/leading-life-health-insurance-companies-by-market-value-europe/
CompaniesMarketCap.com, Leading European life and health insurance companies as of May 2023, by market value (in billion U.S. dollars) Statista, https://www.statista.com/statistics/780545/leading-life-health-insurance-companies-by-market-value-europe/ (last visited August 25, 2024)
Leading European life and health insurance companies as of May 2023, by market value (in billion U.S. dollars) [Graph], CompaniesMarketCap.com, May 5, 2023. [Online]. Available: https://www.statista.com/statistics/780545/leading-life-health-insurance-companies-by-market-value-europe/