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Insurance is a means of protection from financial loss in which, in exchange for a fee, a party agrees to compensate another party in the event of a certain loss, damage, or injury. It is a form of risk management, primarily used to protect against the risk of a contingent or uncertain loss. An entity which provides insurance is known as an ...
Company Country Total assets (US$ Billion) 1 Allianz Germany: 1,247.2 2 Berkshire Hathaway United States: 958.8 3 Prudential Financial United States: 937.6 4 Ping An Insurance China: 937.0 5 China Life Insurance China: 900.5 6 Axa France: 846.3 7 Legal & General United Kingdom: 786.1 8 MetLife United States: 759.7 9 Nippon Life Japan: 725.0 10
BHL (70%) CPP Investment Board (30%) Number of employees. 2,852. Website. www.bglgroup.co.uk. BGL Group (formerly Budget Group Limited) is a financial services company based in Orton Southgate, Peterborough, England. Its main lines of business are vehicle and home insurance, with a range of supplementary products such as breakdown cover, legal ...
The first basic categorisation of long-term insurance is between life and non-life business. Life insurance business is insurance that is contingent on human life. Examples would include a policy that pays out £100,000 if the policy holder dies within a specified time; a policy that pays out £100,000 in 10 years time, but will pay out £101,000 if the policy holder dies before the policy ...
vitality.co.uk. Vitality is a United Kingdom-based company offering private health insurance and life insurance to the UK market. It has approximately 1.7 million members (June 2023 figures). The company is a subsidiary of Discovery Limited, a South Africa -based financial services group listed on the Johannesburg Stock Exchange (JSE).
NFU Mutual is the official insurer of the main farming unions of the UK, and has a long-running affiliation with them. Each year the insurer makes significant financial contributions to the UK farming unions, donating around £7 million to them in 2021.
Life insurance (or life assurance, especially in the Commonwealth of Nations) is a contract between an insurance policy holder and an insurer or assurer, where the insurer promises to pay a designated beneficiary a sum of money upon the death of an insured person. Depending on the contract, other events such as terminal illness or critical ...
One of the best auto insurance companies, GEICO boasts a claims satisfaction rate from customers of 874 out of 1,000, based on J.D. Power’s independent study.