5 Largest Insurance Companies In The US by Market Cap

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1. Berkshire Hathaway Inc. (NYSE:BRK-B)

Market Capitalization: $798.46 Billion

With a market capitalization of $798.46 billion as of January 19, 2024, Berkshire Hathaway Inc. (NYSE:BRK-B) tops our list of the largest insurance companies in the US by market cap. While the company started out as a textile manufacturer, it was restructured under the leadership of CEO Warren Buffet and now the company’s main business and source of capital is insurance. Berkshire Hathaway Inc. (NYSE:BRK-B) offers insurance and reinsurance products, mainly covering property and casualty risks, through its brands which include auto insurer GEICO and reinsurance firm Gen Re. GEICO, which is a wholly-owned subsidiary of Berkshire Hathaway Inc. (NYSE:BRK-B), is one of the largest auto insurers in the US.

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