Forbes has published its 2024 global lists of the best insurance companies for home, auto, and life insurance.
Explaining its process in producing the rankings, Forbes noted: “To create these lists, Forbes partnered with Statista for the second year in a row and surveyed more than 45,000 consumers in 15 countries between late January and mid-March.
“All participants were required to have held at least one insurance policy – homeowners’, auto, or life – in the past three years, and were asked if they would recommend their insurer to others. Respondents were also asked about their satisfaction and loyalty to their insurance company, and to evaluate the insurer based on such criteria as the advice employees offered, customer service, price performance, transparency, and damage service.
“Survey responses were analyzed and scored, and the companies with the highest scores in their countries made our final lists. In all, a total of 298 companies ranked on at least one list – 160 in auto, 130 in homeowners’, and 145 in life – while 31 earned a spot on all three lists. Some companies even made all three lists in multiple countries, including AXA, which nabbed a spot on all three lists in both Germany and Italy; and Allianz, which ranked in every category in both Germany and Brazil.”
Below are the lists published by Forbes.
|
Best home insurance companies – Forbes |
Country |
|---|---|
|
1st for women |
South Africa |
|
AAA Insurance |
United States |
|
Acuity Insurance |
United States |
|
AFR Insurance |
United States |
|
Ageas Group |
Belgium |
|
Ageas UK |
United Kingdom |
|
Aioi Nissay Dowa Insurance |
Japan |
|
Alberta Motor Association |
Canada |
|
Alfa Insurance |
United States |
|
Allianz |
Germany |
|
Allianz Brasil |
Brazil |
|
United States |
|
|
United States |
|
|
American National Group |
United States |
|
Amica |
United States |
|
Argenta |
Belgium |
|
Arkansas Farm Bureau Insurance |
United States |
|
a.s.r. |
Netherlands |
|
Assurances du Crédit Mutuel |
France |
|
Auto-Owners Insurance |
United States |
|
Aviva Canada |
Canada |
|
AXA Deutschland |
Germany |
|
AXA Assicurazioni |
Italy |
|
AXA Korea |
South Korea |
|
Bajaj Allianz General Insurance |
India |
|
Banque populaire |
France |
|
BCAA |
Canada |
|
Belfius Direct Verzekeringen |
Belgium |
|
Beneva |
Canada |
|
Bradesco Seguros |
Brazil |
|
Budget Insurance |
Republic of South Africa |
|
CAA Insurance |
Canada |
|
Cattolica Assicurazioni |
Itaaly |
|
Centraal Beheer |
Netherlands |
|
United States |
|
|
Co-op |
United Kingdom |
|
COUNTRY Financial |
United States |
|
Covea Insurance |
United Kingdom |
|
DB Direct Insurance |
South Korea |
|
Debeka |
Germany |
|
Desjardins |
Canada |
|
DEVK |
Germany |
|
Direct Assurance |
France |
|
DVV verzekeringen |
Belgium |
|
Encompass Insurance |
United States |
|
esurance |
United States |
|
Farm Bureau Financial Services |
United States |
|
Farm Bureau Insurance of Tennessee |
United States |
|
Generali Group |
Italy |
|
Generali Seguros |
Spain |
|
Germania |
United States |
|
GMF Assurances |
France |
|
Gore Mutual |
Canada |
|
Gothaer |
Germany |
|
Hausbesitzer-Versicherung |
Germany |
|
HDFC ERGO General Insurance |
India |
|
HUK-COBURG |
Germany |
|
HUK24 |
Germany |
|
ICICI Lombard General Insurance |
India |
|
Industrial Alliance |
Canada |
|
Intact Financial |
Canada |
|
Interpolis |
Netherlands |
|
JA Kyousai |
Japan |
|
KB Insurance |
South Korea |
|
KBC |
Belgium |
|
Klaverblad Verzekeringen |
Netherlands |
|
Kokumin Kyousai co-op |
Japan |
|
United States |
|
|
Liberty |
[South Africa] |
|
Liberty Seguros |
Brazil |
|
Lloyds Bank |
United Kingdom |
|
LV= General Insurance |
United Kingdom |
|
MAAF Assurances |
France |
|
MACSF |
France |
|
MAIF |
France |
|
MAPFRE Brasil |
Brazil |
|
MAPFRE España |
Spain |
|
Meritz Fire & Marine Insurance |
South Korea |
|
Momentum |
South Africa |
|
Mutua Madrileña |
Spain |
|
Mutuelle de Poitiers Assurances |
France |
|
Nationwide Building Society |
United Kingdom |
|
NFU Mutual |
Unnited Kingdom |
|
Nh1816 |
Netherlands |
|
NJM Insurance Group |
United States |
|
North Carolina Farm Bureau |
United States |
|
NYCM Insurance |
United States |
|
OHRA |
Netherlands |
|
One Call Insurance |
United Kingdom |
|
Oriental Insurance |
India |
|
OUTsurance |
South Africa |
|
Penn National Insurance |
United States |
|
Porto Seguro |
Brazil |
|
Promovendum |
Netherlands |
|
Promutuel Assurance |
Canada |
|
Provinzial Versicherung |
Germany |
|
RAA |
Australia |
|
RAC Australia |
Australia |
|
RACT |
Australia |
|
RACV |
Australia |
|
Rakuten General Insurance |
Japan |
|
RSA |
United Kingdom |
|
Safety Insurance |
United States |
|
Saga |
United Kingdom |
|
Samsung Fire & Marine |
South Korea |
|
Seguros Lagun Aro |
Spain |
|
Shelter Insurance |
United States |
|
SNS |
Netherlands |
|
Sony Assurance |
Japan |
|
Sparkassen DirektVersicherung |
Germany |
|
Sparkassen Versicherung |
Germany |
|
United States |
|
|
Suravenir Assurances |
France |
|
Tata AIG General Insurance |
India |
|
Texas Farm Bureau Insurance |
United States |
|
The Hartford |
United States |
|
Thélem Assurances |
France |
|
Unicredit Allianz Assicurazioni |
Italy |
|
UnipolSai Assicurazioni |
Italy |
|
Univé |
Netherlands |
|
USAA |
United States |
|
Versicherungskammer Bayern |
Germany |
|
VHV Group |
Germany |
|
West Bend Mutual Insurance |
United States |
|
Westfield Insurance |
United States |
|
WGV Versicherung |
Germany |
|
Youi |
Australia |
|
zlm |
Netherlands |
|
Zurich Group Germany |
Germany |
|
Zurich Vida |
Spain |
|
Best auto insurance companies – Forbes |
Country |
|---|---|
|
1st for women |
South Africa |
|
21st Century Insurance |
United States |
|
AAA Insurance |
United States |
|
ABN AMRO |
Netherlands |
|
Absa |
South Africa |
|
ACKO General Insurance |
India |
|
ACM Insurance |
Belgium |
|
Acuity Insurance |
United States |
|
AIG Japan |
Japan |
|
Alfa Insurance |
United States |
|
Allianz |
Germany |
|
Allianz Brasil |
Brazil |
|
Allianz Direct Deutschland |
Germany |
|
Allianz Direct Italia |
Italy |
|
Allianz Direct Nederland |
Netherlands |
|
Allianz Nederland |
Netherlands |
|
American Family Insurance |
United States |
|
American National Group |
United States |
|
Amica |
United States |
|
ANWB |
Netherlands |
|
Arkansas Farm Bureau Insurance |
United States |
|
Assurances du Crédit Mutuel |
France |
|
Auto & General |
South Africa |
|
Auto-Owners Insurance |
United States |
|
Aviva |
United Kingdom |
|
Aviva Canada |
Canada |
|
AXA Deutschland |
Germany |
|
AXA Assicurazioni |
Italy |
|
AXA Korea |
South Korea |
|
AXA MPS |
Italy |
|
AXA UK |
United Kingdom |
|
Bajaj Allianz General Insurance |
India |
|
Banque populaire |
France |
|
BBVA Allianz |
Spain |
|
BCAA |
Canada |
|
belairdirect |
Canada |
|
Bluefire |
United States |
|
Bradesco Seguros |
Brazil |
|
Budget Insurance |
South Africa |
|
Budget Insurance UK |
United Kingdom |
|
CAA Insurance |
Canada |
|
Caixa Seguradora |
Brazil |
|
Cattolica Assicurazioni |
Italy |
|
Centraal Beheer |
Netherlands |
|
Chubb |
United States |
|
Cincinnati Insurance Company |
United States |
|
Co-op |
United Kingdom |
|
ConTe.it |
Italy |
|
COUNTRY Financial |
United States |
|
Debeka |
Germany |
|
Desjardins |
Canada |
|
Dial Direct Insurance |
[South Africa] |
|
[Discovery] |
[South Africa] |
|
die Bayerische |
Germany |
|
DVV verzekeringen |
Belgium |
|
E.design |
Japan |
|
Encompass Insurance |
United States |
|
ERGO |
Germany |
|
Farm Bureau Financial Services |
United States |
|
Farm Bureau Insurance |
United States |
|
Farm Bureau Insurance of Tennessee |
United States |
|
Federale Verzekering |
Belgium |
|
Florida Farm Bureau Insurance |
United States |
|
Future Generali India |
India |
|
General Accident Car Insurance GB |
United Kingdom |
|
Generali Deutschland |
Germany |
|
Geoffrey Insurance |
United Kingdom |
|
GMF Assurances |
France |
|
Hanwha General |
South Korea |
|
HDFC ERGO General Insurance |
India |
|
Hollard Insurance |
Australia |
|
HUK-COBURG |
Germany |
|
ICICI Lombard General Insurance |
India |
|
Indiana Farm Bureau Insurance |
United States |
|
Industrial Alliance |
Canada |
|
Intact Financial |
Canada |
|
Interpolis |
Netherlands |
|
Intesa Sanpaolo |
Italy |
|
Italiana Assicurazioni |
Italy |
|
Itzehoer |
Germany |
|
JA Kyousai |
Japan |
|
KB Insurance |
South Korea |
|
KBC |
Belgium |
|
Kotak General Insurance |
India |
|
Kyoei Fire & Marine Insurance |
Japan |
|
LCL |
France |
|
Liberty Seguros |
Brazil |
|
LV= General Insurance |
United Kingdom |
|
LVM Versicherung |
Germany |
|
MACIF |
France |
|
MACSF |
France |
|
MAIF |
France |
|
Manitoba Public Insurance |
Canada |
|
MAPFRE Brasil |
Brazil |
|
MAPFRE España |
Spain |
|
Meritz Fire & Marine Insurance |
South Korea |
|
Mitsui Direct General Insurance |
Japan |
|
Mitsui Sumitomo Insurance |
Japan |
|
Momentum |
South Korea |
|
Mutua Madrileña |
Spain |
|
Mutuelle de Poitiers Assurances |
France |
|
NFU Mutual |
United Kingdom |
|
Nh1816 |
Netherlands |
|
NJM Insurance Group |
United States |
|
North Carolina Farm Bureau |
United States |
|
NYCM Insurance |
United States |
|
OHRA |
Netherlands |
|
Old Mutual |
South Africa |
|
One Call Insurance |
United Kingdom |
|
Optimco |
Belgium |
|
OUTsurance |
South Africa |
|
Policy Expert |
United Kingdom |
|
Porto Seguro |
Brazil |
|
Provinzial Versicherung |
Germany |
|
RAA |
Australia |
|
RAC UK |
United Kingdom |
|
RACT |
Australia |
|
RACV |
Australia |
|
Rakuten General Insurance |
Japan |
|
RBC Insurance |
Canada |
|
Royal Sundaram General |
India |
|
Safety Insurance |
United States |
|
Saga |
United Kingdom |
|
Saison Automobile & Fire Insurance |
Japan |
|
Samsung Fire & Marine |
South Korea |
|
Santam |
South Africa |
|
SBI General Insurance |
India |
|
SeguarCaixa Adeslas |
Spain |
|
Seguros Catalana Occidente |
Spain |
|
Sheilas' Wheels |
United Kingdom |
|
Shelter Insurance |
United States |
|
Signal Iduna |
Germany |
|
Sparkassen Versicherung |
Germany |
|
State Farm |
United States |
|
Suhai |
Brazil |
|
Suravenir Assurances |
France |
|
Swinton Insurance |
United Kingdom |
|
Tata AIG General Insurance |
India |
|
The Co-operators |
Canada |
|
The Hartford |
United States |
|
Thélem Assurances |
France |
|
Tokio Marine & Nichido Fire Insurance |
Japan |
|
Tokio Marine Seguradora |
Brazil |
|
Tua Assicurazioni |
Italy |
|
UnipolSai Assicurazioni |
Italy |
|
Univé |
Netherlands |
|
Universal Sompo General Insurance |
India |
|
USAA |
United States |
|
Versicherungskammer Bayern |
Germany |
|
Virginia Farm Bureau Mutual Insurance |
United States |
|
West Bend Mutual Insurance |
United States |
|
Westfield Insurance |
United States |
|
Württembergische |
Germany |
|
Youi |
Australia |
|
Zenith Insurance |
United Kingdom |
|
zlm |
Netherlands |
|
Zurich Italia |
Italy |
|
Zurich Japan |
Japan |
|
Zurich Santander Brasil |
Brazil |
|
Zurich Seguros |
Brazil |
|
Best life insurance companies – Forbes |
Country |
|---|---|
|
1st for women |
South Africa |
|
5 Star Life |
United States |
|
AAA Life |
United States |
|
Abanca |
Spain |
|
ACKO General Insurance |
India |
|
Aflac |
United States |
|
AFLAC Japan |
Japan |
|
AFR Insurance |
United States |
|
Ageas Group |
Belgium |
|
AIA Australia |
Australia |
|
AIA Korea |
South Korea |
|
Alfa Insurance |
United States |
|
Allianz |
Germany |
|
Allianz Australia |
Australia |
|
Allianz Brasil |
Brazil |
|
Allianz France |
France |
|
Allstate |
United States |
|
Allstate Canada |
Canada |
|
American-Amicable Life Insurance |
United States |
|
American Family Insurance |
United States |
|
American International Group |
United States |
|
Americo Life |
United States |
|
Argenta |
Belgium |
|
a.s.r. |
Netherlands |
|
Assupol |
South Africa |
|
Auto-Owners Insurance |
United States |
|
AXA Deutschland |
Germany |
|
AXA España |
Spain |
|
AXA Assicurazioni |
Italy |
|
AXA MPS |
Italy |
|
Bajaj Allianz Life |
India |
|
Bharti AXA |
India |
|
Boston Mutual Life Insurance |
United States |
|
Canada Life |
Canada |
|
Cattolica Assicurazioni |
Italy |
|
Centraal Beheer |
Netherlands |
|
Cincinnati Insurance Company |
United States |
|
Colonial Life |
United States |
|
Coop Kyousai |
Japan |
|
COUNTRY Financial |
United States |
|
DB Life |
South Korea |
|
Dela |
Netherlands |
|
DELA Belgique |
Belgium |
|
Desjardins |
Canada |
|
DEVK |
Germany |
|
DLV - Deutsche Lebensversicherung |
Germany |
|
DVV verzekeringen |
Belgium |
|
Empire Life |
Canada |
|
Farm Bureau Financial Services |
United States |
|
F&G |
United States |
|
Fidelity Investments |
United States |
|
Foresters Financial |
Canada |
|
Fubon Hyundai Life |
South Korea |
|
Fukoku Mutual Life Insurance |
Japan |
|
Geico |
United States |
|
Generali Group |
Italy |
|
Generali Seguros |
Spain |
|
Gerber Life |
United States |
|
Globe Life |
United States |
|
GPM Life |
United States |
|
Groupama Italia |
Italy |
|
Hanwha Life |
South Korea |
|
HDFC Life |
India |
|
HUK-COBURG |
Germany |
|
ICICI Prudential Life Insurance |
India |
|
Industrial Alliance |
Canada |
|
Interpolis |
Netherlands |
|
JA Kyousai |
Japan |
|
John Hancock |
United States |
|
KB Life Insurance |
South Korea |
|
KBC |
Belgium |
|
Kokumin Kyousai co-op |
Japan |
|
Kotak Life |
India |
|
Kyobo Life Planet Life Insurance |
South Korea |
|
LCL |
France |
|
Legal & General Group |
United Kingdom |
|
Liberty Seguros |
Brazil |
|
Lifenet Insurance |
Japan |
|
LV= General Insurance |
United Kingdom |
|
LVM Versicherung |
Germany |
|
MACIF |
France |
|
MACSF |
France |
|
MAIF |
France |
|
Canada |
|
|
Manulife Japan |
Japan |
|
MAPFRE España |
Spain |
|
MassMutual |
United States |
|
Max Life Insurance |
India |
|
Mediolanum Vita |
Italy |
|
MetLife Australia |
Australia |
|
MetLife Korea |
South Korea |
|
Mirae Asset Life Insurance |
South Korea |
|
Mitsui Sumitomo Aioi Life Insurance |
Japan |
|
Modern Woodmen of America |
United States |
|
Mutual of Omaha |
United States |
|
National Life |
United States |
|
Nationwide Mutual Insurance |
United States |
|
Nedbank Insurance |
South Africa |
|
New York Life |
United States |
|
Nissay Wealth Life Insurance |
Japan |
|
NongHyup Life Insurance |
South Korea |
|
Northwestern Mutual |
United States |
|
OUTsurance |
South Africa |
|
Pacific Life |
United States |
|
Physicians Mutual |
United States |
|
Prudential Financial |
United States |
|
Prudential Life |
Japan |
|
Reale Mutua |
Italy |
|
Royal London |
United Kingdom |
|
Samsung Life |
South Korea |
|
Sanlam |
South Africa |
|
Santa Lucía Seguros |
Spain |
|
Sara Assicurazioni |
Italy |
|
SBI Life |
India |
|
Scottish Widows |
United Kingdom |
|
Security Mutual Life |
United States |
|
Signal Iduna |
Germany |
|
Sony Life Insurance |
Japan |
|
Sparkassen Versicherung |
Germany |
|
Star Union Dai-ichi Life Insurance |
India |
|
State Farm |
United States |
|
SulAmérica |
Brazil |
|
Sun Life Canada |
Canada |
|
SunLife |
United Kingdom |
|
Symetra |
United States |
|
Taiyo Life Insurance Co |
Japan |
|
TAL |
Australia |
|
TATA AIA Life Insurance |
India |
|
TD Insurance |
Canada |
|
The Co-operators |
Canada |
|
The Neo First |
Japan |
|
Thrivent |
United States |
|
Tokio Marine & Nichido Life Insurance |
Japan |
|
Tokio Marine Seguradora |
Brazil |
|
Transamerica |
United States |
|
UnipolSai Assicurazioni |
Italy |
|
Univé |
Netherlands |
|
USAA |
United States |
|
Versicherungskammer Bayern |
Germany |
|
WoodmenLife |
United States |
|
Württembergische |
Germany |
|
Zurich Australia |
Australia |
|
Zurich Italia |
Italy |
|
Zurich Life Insurance Japan |
Japan |
|
Zurich Seguros |
Brazil |
The Forbes rankings are on a country basis. In the US, the best home insurance company is Texas Farm Bureau Insurance; auto, Shelter Insurance; and life, COUNTRY Financial.
What do you think about this story? Share your thoughts in the comments below.
