WORLD'S LARGEST FINANCIAL SERVICES FIRMS BY REVENUES, 2005 (1)

($ millions)



 

 

 

 

Profits as a percent of

 

 

Rank

Company

Revenues

Profits

Revenues

Assets

Country

Industry
1General Electric$157,153$16,35310%2%U.S.Diversified financial
2ING Group138,2358,95961NetherlandsInsurance
3Citigroup131,04524,589192U.S.Banking
4AXA129,8395,18641FranceInsurance
5Allianz121,4065,4424NAGermanyInsurance
6Fortis112,3514,89641Belgium/ NetherlandsBanking
7Crédit Agricole110,7657,43471FranceBanking
8American International Group108,90510,477101U.S.Insurance
9Assicurazioni Generali101,4042,38421ItalyInsurance
10HSBC Holdings93,49415,873171U.K.Banking
11Aviva92,5793,21131U.K.Insurance
12BNP Paribas85,6877,2718NAFranceBanking
13UBS84,70811,257131SwitzerlandBanking
14Bank of America Corp.83,98016,465201U.S.Banking
15Berkshire Hathaway81,6638,528104U.S.Insurance
16J.P. Morgan Chase & Co.79,9028,483111U.S.Banking
17Deutsche Bank76,2284,3856NAGermanyBanking
18HBOS75,7995,87081U.K.Banking
19Prudential74,7451,3592NAU.K.Insurance
20Dexia Group72,8142,5323NABelgiumBanking
21Credit Suisse72,1934,6947NASwitzerlandBanking
22Royal Bank of Scotland71,1649,998141U.K.Banking
23Zurich Financial Services67,1863,21451SwitzerlandInsurance
24Société Générale64,4425,52491FranceBanking
25Nippon Life Insurance61,1581,8133NAJapanInsurance

(1) Based on an analysis of companies in the Global Fortune 500.

NA= Data not available.

Source: Fortune.

TOP TEN GLOBAL INSURANCE COMPANIES
BY REVENUES, 2005 (1)


($ millions)


Rank

Company

Revenues (2)

Country

Industry
1ING Group$138,235 NetherlandsLife/health
2AXA129,839FranceLife/health
3Allianz121,406 GermanyProperty/casualty
4American International Group108,905U.S.Property/casualty
5Assicurazioni Generali101,404ItalyLife/health
6Aviva92,579U.K.Life/health
7Berkshire Hathaway81,663U.S.Property/casualty
8Prudential74,745U.K.Life/health
9Zurich Financial Services67,186SwitzerlandProperty/casualty
10Nippon Life Insurance61,158JapanLife/health

(1) Based on an analysis of companies in the Global Fortune 500. Includes stock and mutual companies.
(2) Revenues include premium and annuity income, investment income and capital gains or losses, but exclude deposits; includes consolidated subsidiaries, excludes excise taxes.

Source: Fortune.

TOP TEN GLOBAL PROPERTY/CASUALTY INSURANCE COMPANIES
BY REVENUES, 2005 (1)


($ millions)


Rank

Company

Revenues (2)

Country
1Allianz$121,406Germany
2American International Group108,905U.S.
3Berkshire Hathaway81,663U.S.
5Zurich Financial Services67,186Switzerland
4Munich Re Group60,256Germany
6State Farm Insurance Cos.59,224U.S.
7Allstate35,383U.S.
9Millea Holdings30,030Japan
8Swiss Reinsurance28,093Switzerland
10Hartford Financial Services27,083U.S.

(1) Based on an analysis of companies in the Global Fortune 500. Includes stock and mutual companies.
(2) Revenues include premium and annuity income, investment income and capital gains or losses, but exclude deposits; includes consolidated subsidiaries, excludes excise taxes.

Source: Fortune.

TOP TEN GLOBAL NONLIFE INSURERS
BY NET WRITTEN PREMIUMS, 2004


($ millions)


Rank

Company 

Net written premiums

Country
1AXA $90,518.4France
2Allianz 77,934.5Germany 
3Generali73,460.8Italy
4AIG (1)68,689.0United States
5Aviva57,235.4United Kingdom
6ING (2)56,270.6Netherlands
7State Farm47,300.0United States
8Zurich Financial Services41,679.0Switzerland
9Allstate 28,603.0United States
10Lloyd's (3)22,743.5United Kingdom
(1) Figures restated because of accounting errors.
(2) Insurance business only.
(3) Pro-forma annual accounting.

Source: Reactions.
TOP TEN GLOBAL LIFE/HEALTH INSURANCE COMPANIES
BY REVENUES, 2005 (1)


($ millions)


Rank

Company

Revenues (2)

Country
1ING Group$138,235Netherlands
2AXA129,839France
3Assicurazioni Generali101,404Italy
4Aviva92,579U.K.
5Prudential74,745U.K.
6Nippon Life Insurance61,158Japan
7Legal & General Group56,385U.K.
8CNP Assurances48,475France
9MetLife46,983U.S.
10Dai-ichi Mutual Life Insurance44,598Japan

(1) Based on an analysis of companies in the Global Fortune 500. Includes stock and mutual companies.
(2) Revenues include premium and annuity income, investment income and capital gains or losses, but exclude deposits; includes consolidated subsidiaries, excludes excise taxes.

Source: Fortune.

TOP TEN GLOBAL REINSURERS
BY NET REINSURANCE PREMIUMS WRITTEN, 2004


($ millions)


Rank

Company

Net reinsurance premiums written

Country
1Munich Re $28,889.4 Germany
2Swiss Re 25,780.2Switzerland
3Berkshire Hathaway Re10,580.0United States
4Hannover Re 10,125.9Germany
5GE Insurance Solutions8,173.0United States
6Lloyd's7,653.1United Kingdom
7Allianz Re (1)5,586.1Germany
8Everest Re4,531.5Bermuda
9XL Re 4,149.3Bermuda
10PartnerRe 3,852.7Bermuda

(1) Less than 10% of net premiums written relate to third-party reinsurance business.

Source: Standard & Poors.

TOP TEN GLOBAL INSURANCE BROKERS BY REVENUES, 2005

($ millions)


Rank

Company

Brokerage revenues (1)

Country
1Marsh & McLennan Cos. Inc.$10,000.0United States
2Aon Corp.6,522.0United States
3Willis Group Holdings Ltd.2,194.0United Kingdom
4Arthur J. Gallagher & Co.1,350.6United States
5Wells Fargo & Co. (2)959.4United States
6Jardine Lloyd Thompson Group plc881.8United Kingdom
7Brown & Brown Inc.775.5United States
8BB&T Insurance Services Inc.757.4United States
9Alexander Forbes Ltd. (3)682.4South Africa
10Hilb Rogal & Hobbs Co.658.0United States

(1) Gross revenues generated by insurance brokerage, consulting and related services.
(2) Includes Acordia Inc. and Wells Fargo Insurance Inc.
(3) Fiscal year ending 3/31.

Source: Business Insurance, July 17, 2006.

TOP TEN GLOBAL REINSURANCE BROKERS BY REINSURANCE REVENUES, 2004


Rank

Company

Reinsurance revenues

Country
1Aon Re Global$940,000,000United States
2Guy Carpenter & Co. Inc.868,000,000United States
3Benfield Group Ltd.558,331,800United Kingdom
4Willis Re550,000,000United Kingdom
5Towers Perrin146,000,000United States
6Jardine Lloyd Thompson Group P.L.C.145,173,600United Kingdom
7Cooper Gay (Holdings) Ltd.87,550,000 (1)United Kingdom
8Gallagher Re (2)78,000,000United Kingdom
9BMS Group72,951,798United Kingdom
10Heath Lambert Group59,931,675United Kingdom

(1) Fiscal year ending September 30.
(2) Formed in 2004, includes Arthur J. Gallagher Intermediaries (Bermuda) Ltd., Arthur J. Gallagher Intermediaries, Arthur J. Gallagher (UK) Ltd. and John P. Woods Co. Inc.

Source: Business Insurance, October 24, 2005.

TOP TEN GLOBAL COMMERCIAL AND SAVINGS BANKS BY REVENUES, 2005 (1)

($ millions)


Rank

Company

Revenues

Country
1Citigroup$131,045U.S.
2Fortis112,351Belgium/Netherlands
3Crédit Agricole110,765France
4HSBC Holdings93,494U.K.
5BNP Paribas85,687France
6UBS84,708Switzerland
7Bank of America Corp.83,980U.S.
8J.P. Morgan Chase & Co.79,902U.S.
9Deutsche Bank76,228Germany
10HBOS75,799U.K.

(1) Based on an analysis of companies in the Global Fortune 500.

Source: Fortune.

TOP FIVE GLOBAL SECURITIES FIRMS BY REVENUES, 2005 (1)

($ millions)


Rank

Company

Revenues

Country
1Morgan Stanley$52,498U.S.
2Merrill Lynch47,783U.S.
3Goldman Sachs Group43,391U.S.
4Lehman Brothers Holdings32,420U.S.
5Nomura Holdings15,835Japan

(1) Based on an analysis of companies in the Global Fortune 500.

Source: Fortune.

TOP FOUR GLOBAL DIVERSIFIED FINANCIAL COMPANIES BY REVENUES, 2005 (1)

($ millions)


Rank

Company

Revenues

Country
1General Electric$157,153U.S.
2Freddie Mac36,526U.S.
3American Express30,080U.S.
4Countrywide Financial18,537U.S.

(1) Based on an analysis of companies in the Global Fortune 500.

Source: Fortune.