5 Biggest Health Insurance Companies in the World

1. UnitedHealth Group Incorporated (NYSE:UNH)

TTM Total Revenue:  $322.13 billion

UnitedHealth Group Incorporated (NYSE:UNH) is a Minnetonka, Minnesota-based health insurance company founded in 1977. The company has a headcount of 125,000 employees and has partnered with 1.3 million doctors and 6,500 healthcare facilities.

UnitedHealth Group Incorporated (NYSE:UNH) is the fifth biggest holding in Daniel Loeb’s Third Point LLC’s portfolio as of Q4 2022. Meanwhile, the stock was the second biggest new buy in the portfolio of Chase Coleman’s Tiger Global during the same period. Meanwhile, Steve Mandel’s Lone Pine Capital also increased its holding in the stock during Q4 2022. All these positive developments by leading hedge fund managers reflect the strong outlook for the company.

Here’s what Stewart Asset Management said about UnitedHealth Group Incorporated (NYSE:UNH) in its Q3 2022 investor letter:

“Looking at the Great Recession which began at year-end 2007 and lasted to mid-year 2009 is helpful too. Our four largest current holdings in the portfolio weathered that period well. UnitedHealth’s (NYSE:UNH) earnings were resilient. While it reported modestly down earnings in 2008, its earnings rebounded quickly to record highs in 2010 and the shares responded strongly in anticipation of this.”

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