Insurance companies are important players in the global financial economy, although they may not be as flashy as investment banks or hedge funds.
Insurance companies come in many sizes and specialize in different policy lines, from health to life to property & casualty.
Market capitalization, or market cap, is the value of a company’s outstanding shares.
Some insurance companies are mutually owned, in which the policyholders are the owners.
When ranking insurance companies, it’s important to categorize them according to their product line.
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