World Rankings




































WORLD RANKINGS
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WORLD'S LARGEST FINANCIAL SERVICES FIRMS, 2003 (1)

($ millions)



 

 

 

 

Profits as a percent of

 

 

Rank    

Company

Revenues

Profits

Revenues

Assets

Country

Industry
15Fortis56,6952,48740Belgium/
Netherlands
Banking
14BNP Paribas57,2724,25770FranceBanking
22Crédit Agricole45,9282,97170FranceBanking
3AXA111,9121,13710FranceInsurance
19Deutsche Bank48,6701,54530GermanyBanking
11Munich Re Group59,083-491-10GermanyInsurance
2Allianz114,9501,82920GermanyInsurance
7Assicurazioni Generali66,7551,14920ItalyInsurance
9Nippon Life Insurance63,8411,75930JapanInsurance
23Dai-ichi Mutual Life Insurance45,06688020JapanInsurance
25Meiji Yasuda Life Insurance44,0641,94441JapanInsurance
4ING Group95,8934,57651NetherlandsInsurance
12Credit Suisse58,9573,71761SwitzlerandBanking
21UBS47,7414,747100SwitzlerandBanking
18Zurich Financial Services51,3572,12041SwitzlerandInsurance
13HSBC Holdings57,6088,774151U.K.Banking
10Aviva59,7191,55130U.K.Insurance
6American International Group81,3039,274111U.S.Insurance
24J.P. Morgan Chase & Co.44,3636,719151U.S.Banking
5Citigroup94,71317,853191U.S.Banking
8Berkshire Hathaway63,8598,151135U.S.Insurance
17Fannie Mae53,7677,905151U.S.Diversified financial
1General Electric$134,187$15,00211%2%U.S.Diversified financial
20Bank of America Corp.48,06510,810232U.S.Banking
16State Farm Insurance Cos.56,0652,82652U.S.Insurance

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

Source: Fortune.

TOP TEN GLOBAL INSURANCE COMPANIES,
BY REVENUES, 2003 (1)


($ millions)


Rank

Company

Revenues (2)

Country
1Allianz$114,950Germany
2AXA111,912France
3ING Group95,893Netherlands
4American Intl. Group81,303U.S.
5Assicurazioni Generali66,755Italy
6Berkshire Hathaway63,859U.S.
7Nippon Life Insurance63,841Japan
8Aviva59,719U.K.
9Munich Re Group59,083Germany
10State Farm Insurance Cos56,065U.S.

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

Source: Fortune.

TOP TEN GLOBAL PROPERTY/CASUALTY INSURANCE COMPANIES,
BY REVENUES, 2003 (1)


($ millions)


Rank

Company

Revenues (2)

Country
1Allianz$114,950Germany
2American International Group81,303U.S.
3Berkshire Hathaway63,859U.S.
4Munich Re Group59,083Germany
5State Farm Insurance Cos.56,065U.S.
6Zurich Financial Services51,357Switzerland
7Allstate32,149U.S.
8Swiss Reinsurance27,087Switzerland
9Millea Holdings24,574Japan
10Royal & Sun Alliance19,259U.K.

(1) Ranked by revenues. 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 excludes deposits; includes consolidated subsidiaries, excludes excise taxes.

Source: Fortune.

TOP TEN GLOBAL LIFE/HEALTH INSURANCE COMPANIES,
BY REVENUES, 2003 (1)


($ millions)


Rank

Company

Revenues (2)

Country
1AXA$111,912France
2ING Group95,893Netherlands
3Assicurazioni Generali66,755Italy
4Aviva59,719U.K.
5MetLife36,261U.S.
6Prudential35,473U.K.
7Aegon32,175Netherlands
8CNP Assurances30,806France
9Prudential Financial27,907U.S.
10China Life Insurance20,782China

(1) Ranked by revenues. 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 excludes deposits; includes consolidated subsidiaries, excludes excise taxes.

Source: Fortune.

TOP TEN GLOBAL REINSURERS, 2003 (1)

($ millions)


Rank

Company

Net reinsurance premiums written

Country
1Munich Re Group$29,197.9Germany
2Swiss Re Group24,776.6Switzerland
3Berkshire Hathaway Re Group11,946.0U.S.
4Employers Re Group9,729.0U.S.
5Hannover Re Group8,700.3Germany
6Lloyd’s7,818.3U.K.
7Allianz Re Group5,226.1Germany
8SCOR Re Group4,260.1France
9Converium Group3,827.0Switzerland
10PartnerRe Group3,589.6Bermuda

(1) Ranked by net reinsurance premiums written.

Source: Standard & Poors.

TOP TEN GLOBAL COMMERCIAL AND SAVINGS BANKS, 2003 (1)

($ millions)


Rank

Company

Revenues

Country
1Citigroup$94,713U.S.
2Credit Suisse58,957Switzerland
3HSBC Holdings57,608U.K.
4BNP Paribas57,272France
5Fortis56,695Belgium/Netherlands
6Deutsche Bank48,670Germany
7Bank of America Corp.48,065U.S.
8UBS47,741Switzerland
9Crédit Agricole45,928France
10J.P. Morgan Chase & Co.44,363U.S.

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

Source: Fortune.

TOP FOUR GLOBAL SECURITIES FIRMS, 2003 (1)

($ millions)


Rank

Company

Revenues

Country
1Morgan Stanley$34,933U.S.
2Merrill Lynch27,745U.S.
3Goldman Sachs Group23,623U.S.
4Lehman Brothers Hldgs.17,287U.S.

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

Source: Fortune.

TOP SIX GLOBAL DIVERSIFIED FINANCIAL COMPANIES, 2003 (1)

($ millions)


Rank

Company

Revenues

Country
1General Electric$134,187U.S.
2Fannie Mae53,767U.S.
3Freddie Mac36,839U.S.
4American Express25,866U.S
5Countrywide Financial13,660U.S
6Marsh & McLennan11,588U.S.

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

Source: Fortune.