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Stock impact report

25 Largest Insurance Companies in the World in 2024 [Yahoo! Finance]

Elevance Health, Inc. (ELV) 
Company Research Source: Yahoo! Finance
If you want to skip our detailed analysis of the insurance industry, you can go directly to 5 Largest Insurance Companies in the World in 2024 Insights into the Global Insurance Market The insurance sector plays a crucial role in providing financial protection against risks, uncertainties, and unforeseen events for a diverse range of clients, including individuals and businesses. According to a report by The Business Research Company, the global insurance market was estimated to have reached a value of $7.26 trillion in 2023. Looking forward, the market is expected to grow at a compound annual growth rate (CAGR) of 7.2% from 2024 to 2028 to reach a value of $10.28 trillion by the end of the forecast period. In 2023, the North American region dominated the market while Asia-Pacific was the second-largest region, by market share, of the global insurance market. There is a growing awareness of the importance of financial security as more people understand the risks associated with Show less Read more
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