Insurance

Top Insurance Companies in the UK

Insurance is a kind of risk management whereby the insured transfers the value of potential loss to a different entity in exchange for monetary compensation called the premium.

Insurance allows people, businesses and other entities to protect themselves against important potential losses and monetary hardship at a fairly cheap rate.

We bring you the list of the top insurance companies within the uk in terms of total assets. With Legal & General Group being the largest insurer within the United kingdom with total assets of GBP395.3 billion (US$622 billion) and assets below management (AUM) of GBP715 billion. Aviva ranks the UK’s second largest insurer by assets and also the sixth-largest insurer within the world by net premium financial gain.

Rank Insurance company              Total Assets (GBP, b)            Balance sheet
1 Legal & General                                               395.312                         30/06/2015
2 Aviva plc                                                            387.874                         31/12/2015
3 Prudential plc                                                 386.985                         31/12/2015
4 Standard Life                                                    176.722                         31/12/2015
5 Old Mutual                                                        133.548                         31/12/2015
6 Friends Life Group *                                    109.521                          31/12/2014
7 Phoenix Group Holdings                              67.270                         30/06/2015
8 AEGON UK                                                       64.368                          30/06/2015
9 RSA Insurance Group                                  20.611                            31/12/2015
10 NFU Mutual                                                   15.486                           31/12/2014
11 Liverpool Victoria ( LV=)                          14.539                           31/12/2015
12 AIG Europe Limited                                   13.904                           31/12/2014
13 Direct Line Insurance Group                  9.957                             31/12/2015
14 Amlin plc **                                                     7.008                            31/12/2015

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