10 Most Profitable Industries in the World in 2020

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9. Insurance (Life)

There are millions of different types of insurances out there. On an unrelated note, I am sometimes excused of hyperbole. However, no other insurance is as profitable as life insurance, which made net profits of $105 billion, though it also has the lowest return on capital percentage on our list, at 7.75%. The iShares ETF tracking this industry is iShares Dow Jones US Insurance Index ETF (NYSEARCA: IAK).

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