Top 10 Largest Insurance Companies: Based on Revenue and Fortune Magazine 0
This maybe old news but the list of top 10 largest insurance companies that make billions of dollars on monthly and yearly basis is staggering. This is an upward trend that is increasing with higher rates. Their uprising annual revenue only points to how much money they are able to make from the general public for the some reimbursement services, which many times they bluntly refuse to provide.
Top 10 Largest Insurance Companies
Top 10 Largest Insurance Companies
According to Insurance Suite 101 America’s top 10 health insurance companies generated over $287 billion in sales just a few years ago. This figure is indicative of 7.2% rise in revenue over $268 billion posted year earlier. We are talking about a 7.2% rise during the periods when millions of Americans were faced with tough economical times, from unemployment, foreclosures to loss of investments and retirement savings.
Top 10 Largest U.S. Insurance Companies: Figures from 2009
10. Universal American
Total revenue of $5 billion
With headquarters in Rye Brook, New York
9. Amerigroup
Total revenue of $5.2 billion
With headquarters in Virginia Beach, Virginia
8. WellCare Health Plans
Total revenue of $6.9 billion
With headquarters in Tampa, Florida
7. Coventry Health Care
Total revenue of $14 billion
With headquarters in Bethesda, Maryland
6. Health Net
Total revenue of $15.7 billion
With headquarters in Woodland Hills, California
5. Cigna
Total revenue of $18.4 billion
With headquarters in Philadelphia, Pennsylvania
4. Humana
Total revenue of $31 billion (up 7%)
With headquarters in Louisville, Kentucky
3.Aetna
Total revenue of $34.8 billion
With headquarters in Hartford, Connecticut
2.WellPoint
Total revenue of $65 billion
With headquarters in Indianapolis, Indiana
1.UnitedHealth Group
Total revenue of $87.1 billion
With headquarters in Minnetonka, Minnesota
Top 10 Largest U.S. Insurance Companies According to Fortune Magazine
10. Mutual of America Life
With headquarters in New York, New York – Founding in 1945
9. National Life Group
With headquarters in Montpelier, Vermont – Founded in 1848
8. Mutual of Omaha Insurance
With headquarters in Omaha, Nebraska – Founded in 1909
7. Western & Southern Financial Group
With headquarters in Cincinnati, Ohio – Founded in 1888
6. Thrivent Financial for Lutherans
With Headquarters in Minneapolis, Minnesota – Founded in 2002
5. Guardian Life Insurance Company of America
With Headquarters in New York, New York – Founded in 1860
4. Massachusetts Mutual Life Insurance
With Headquarters in Springfield, Massachusetts – Founded in 1800
3. Northwestern Mutual
With Headquarters in Milwaukee, Wisconsin – Founded in 1857
2. TIAA-CREF
With Headquarters in New York, New York – Founded in 1918
1. New York Life Insurance
With Headquarters in New York, New York – Founded in 1845
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