AM Best has unveiled the latest edition of its top largest insurers – with UnitedHealth Group maintaining its top spot on the list for the eighth consecutive year.
The rankings were published in the January 06, 2023 issue of Best’s News. Each insurer was ranked based on BestLink data and additional research.
According to the list, UnitedHealth came out on top for the eighth straight year by managing to grow its net premiums written (NPW) by 12% in 2021 to $226.2 billion. In terms of ranking by non-banking assets, Allianz SE maintained its spot from previous years with $1.2 trillion in non-banking assets, followed by Berkshire Hathaway, which managed to rise to second place from fifth.