Top 5 Most Valuable Insurance Companies in the US

In this article, we will take a look at the top 5 most valuable insurance companies in the US. If you want to read our detailed analysis, you can go directly to Top 20 Most Valuable Insurance Companies in the US.

5. The Cigna Group (NYSE:CI)

Market Capitalization as of February 10, 2024: $97.97 Billion

The Cigna Group (NYSE:CI) is one of the most valuable insurance companies in the United States. The company provides its insurance service through its Evernorth Health Services segment. Prominent services include pharmacy benefits, home delivery pharmacy, specialty pharmacy, distribution, and care delivery. The Cigna Group (NYSE:CI) was founded in 1792 and is headquartered in Connecticut.

4. The Progressive Corporation (NYSE:PGR)

Market Capitalization as of February 10, 2024: $106.95 Billion

The Progressive Corporation (NYSE:PGR) ranks fourth on our list of the most valuable insurance companies in the United States. The insurance holding company offers its solutions across auto, personal residential, commercial property, general liability, property, and casualty insurance lines. The Progressive Corporation (NYSE:PGR) was founded in 1937 and has a market capitalization of $106.95 billion.

3. Elevance Health, Inc. (NYSE:ELV)

Market Capitalization as of February 10, 2024: $118.91 Billion

With a market capitalization of $118.91 billion, Elevance Health, Inc. (NYSE:ELV) ranks as one of the most valuable insurance companies in the United States. The health insurance and benefits company is based in Indiana and was founded in 1944. Elevance Health, Inc. (NYSE:ELV) offers its services across four segments including commercial & specialty business, government business, CarelonRx, and others. The company’s portfolio consists of medical, digital, pharmacy, behavioral, clinical, and care solutions.

2. UnitedHealth Group Incorporated (NYSE:UNH)

Market Capitalization as of February 10, 2024: $481.04 Billion

UnitedHealth Group Incorporated (NYSE:UNH) ranks second on our list of the most valuable insurance companies in the United States. The multinational health insurance company is based in Minnesota. The company operates across four segments including UnitedHealthcare, Optum Health, Optum Insight, and Optum Rx. The company offers health insurance benefit plans to companies and individuals. UnitedHealth Group Incorporated (NYSE:UNH) was founded in 1977.

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

Market Capitalization as of February 10, 2024: $861.40 Billion

Berkshire Hathaway Inc. (NYSE:BRK-A) provides a range of insurance services under its underwriting businesses. Some of the well-known businesses owned by the company include GUARD Insurance Companies, Berkshire Hathaway Specialty Insurance, Gateway Underwriters Agency, and GEICO. The Government Employees Insurance Company (GEICO) is a product of Berkshire Hathaway Inc. (NYSE:BRK-A) and is one of the most prominent insurance subsidiaries of the giant. GEICO is an auto insurance company and is based in Maryland. The company provides insurance across auto, motorcycle, ATV, RV, boat, snowmobile, travel, pet, event, homeowner, renter, and jewelry insurance lines. Berkshire Hathaway Inc. (NYSE:BRK-A) has a market capitalization of $861.4 billion.

You can also check out 12 Highest Quality Knives for 2024 and 14 Best US Stocks For Foreign Investors.

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