State Farm Mutual Automobile Insurance Company was founded on June 7, 1922, by George J. Mecherle, a retired farmer. It initially concentrated on meeting auto insurance needs of Illinois farmers through a mutual organization owned by the customers. By 1942, the company was the nation's largest auto insurer, a ranking it has held ever since. About one out of every five cars on the road is insured with State Farm®. State Farm Mutual Automobile Insurance Company is a mutual insurance company and as such does not have any shareholders.
One of the world’s largest insurance and financial management companies, AXA offers life and casualty insurance, personal and commercial property insurance, financial services, and asset management. With major markets in the UK, Ireland, U.S., Asia-Pacific, Germany, Japan, Australia and Belgium. The 2009 Fortune Global 500 ranked AXA the 15th largest company in the world based on revenue.
AXA is the holding company of the AXA Group, which operates through five business segments: Life & Savings, Property & Casualty, International Insurance, Asset Management and Banking.
Allianz is a large financial service provider headquartered in Munich, Germany. By revenue, it is the largest FSP in the world. Its core and focus is on the insurance business. Allianz is the biggest insurance company in Germany and one of the largest in the world.
Berkshire Hathaway is a conglomerate holding company headquartered in Omaha, Nebraska, U.S., that oversees and manages a number of subsidiary companies. Berkshire Hathaway's core business is insurance, including property and casualty insurance, reinsurance and specialty nonstandard insurance. The Company averaged a 25%+ annual return to its shareholders for the last 25 years while employing large amounts of capital and minimal debt.
Warren Buffett is the company's chairman and CEO.
Assicurazioni Generali is the third largest European insurance group, and the 30th largest company based on revenues, according the 2009 Fortune Global 500. Now operating in 64 countries as the Generali Group, its 450 companies provide insurance and financial products such as individual and group pension schemes; health, accident, home and car insurance; financial and asset management; space launch insurance; and more recently, real estate services.
Aviva plc is the world's fifth-largest insurance group, the biggest insurance group in the UK and the second-largest insurance group in Canada. Worldwide, it trails behind AXA, Allianz, ING and Fortis. It is one of the leading providers of life and pensions products in Europe and has a presence in 25 countries worldwide, notably France and The Netherlands. The company was formerly called CGNU, and was created by a merger of Norwich Union and CGU plc (itself created by the 1998 merger of Commercial Union and General Accident) in 2000. The Aviva name was adopted in July 2002.
UnitedHealth Group Incorporated is a managed health care company. It is the parent of United Healthcare, one of the largest health insurers in the U.S. It was created in 1977, as UnitedHealthCare Corporation (it renamed itself in 1998), but traces its origin to a firm it acquired in 1977, Charter Med Incorporated, which was founded in 1974. In 1979, it introduced the first network-based health plan for seniors. In 1984, it became a publicly traded company.
Aegon N.V., headquartered in The Hague, the Netherlands, is one of the world's largest life insurance and pension companies, and has additional business in savings and investment products; accident, supplemental health, and general insurance; and some limited banking activities. These operations are conducted by subsidiaries of Aegon N.V., which is itself a holding company.
With approximately 42,000 associates, more than 34 million members, and assets totaling $48.4 billion as of 2008, WellPoint is one of the nation’s leading health benefits companies and the largest publicly traded commercial health benefits company on the S&P 500.