Top 15 Largest Insurance Companies in the USA in 2025

The U.S. insurance industry is one of the largest in the world, serving millions of individuals, families, and businesses with a wide array of coverage options. The market includes various sectors, such as life, health, property and casualty, and specialty insurance. As of 2025, these are the 15 largest insurance companies in the United States, ranked by revenue, market share, and financial strength. These companies dominate the market due to their vast customer bases, wide range of offerings, and long-standing reputations.
1. State Farm Headquarters: Bloomington, Illinois Total Revenue (2025): $95.3 billion Market Share: 9.2% State Farm is the largest property and casualty insurance provider in the U.S. It offers a range of services, including auto, home, life, and health insurance. With over 58,000 employees and a network of agents across the country, State Farm continues to maintain its leadership in the industry. The company's significant revenue from auto insurance and strong focus on customer service have kept it at the top. Key Offerings: Auto Insurance Home Insurance Life Insurance Health Insurance Business Insurance 2. Berkshire Hathaway Headquarters: Omaha, Nebraska Total Revenue (2025): $62.8 billion Market Share: 8.5% Berkshire Hathaway, headed by Warren Buffett, is not only a leading insurance company but also a major multinational conglomerate. Its insurance arm includes companies like GEICO, one of the largest auto insurers in the U.S. The company’s diverse portfolio spans multiple industries, but its insurance division remains a cornerstone of its success. Key Offerings: Auto Insurance (GEICO) Homeowners Insurance Life Insurance Commercial Insurance Reinsurance 3. Progressive Headquarters: Mayfield Village, Ohio Total Revenue (2025): $49.5 billion Market Share: 6.8% Progressive is one of the fastest-growing insurance companies in the U.S. Known for its innovative approach, particularly in the realm of digital sales and marketing, Progressive has captured significant market share in auto insurance, offering competitive rates and a user-friendly online experience. Key Offerings: Auto Insurance Motorcycle Insurance Boat Insurance Commercial Insurance Homeowners Insurance 4. Allstate Headquarters: Northbrook, Illinois Total Revenue (2025): $46.2 billion Market Share: 5.5% Allstate has long been a dominant player in the U.S. insurance market, providing coverage for cars, homes, and businesses. It is known for its strong brand recognition, particularly through its iconic "You're in Good Hands" campaign. Allstate has recently made significant investments in technology to improve customer experience and claims processing. Key Offerings: Auto Insurance Homeowners Insurance Life Insurance Renters Insurance Business Insurance 5. UnitedHealth Group Headquarters: Minnetonka, Minnesota Total Revenue (2025): $550 billion (Health Insurance Focus) Market Share: 4.5% UnitedHealth Group is the largest health insurance provider in the U.S. through its UnitedHealthcare division. In addition to providing health insurance, UnitedHealth also offers a wide range of services in health care delivery, technology solutions, and pharmaceuticals. Its size and scope in the health insurance market give it unparalleled reach. Key Offerings: Health Insurance Medicare Advantage Plans Pharmacy Benefits Medicaid 6. MetLife Headquarters: New York, New York Total Revenue (2025): $75.2 billion Market Share: 4.2% MetLife is a global leader in the insurance and financial services sectors, offering a wide range of services to individuals, families, and institutions. Known for its life and annuity products, MetLife continues to grow its footprint in the U.S. and around the world. In addition to its core life insurance business, it also offers dental, disability, and accident insurance. Key Offerings: Life Insurance Annuities Health Insurance Dental Insurance Disability Insurance 7. Cigna Headquarters: Bloomfield, Connecticut Total Revenue (2025): $205 billion Market Share: 3.8% Cigna is a global health service company with a significant presence in both the U.S. and abroad. Specializing in health insurance, Cigna offers both individual and group health plans. The company has expanded its offerings with health services, including behavioral health, wellness programs, and pharmacy benefits management. Key Offerings: Health Insurance Life Insurance Pharmacy Benefits Dental Insurance 8. Prudential Headquarters: Newark, New Jersey Total Revenue (2025): $70.1 billion Market Share: 3.3% Prudential has established itself as a leading provider of life insurance, retirement, and investment products. The company has a long history in the U.S. insurance industry, and its reach extends globally. Prudential is also known for its innovation in annuities and retirement planning. Key Offerings: Life Insurance Annuities Retirement Plans Investment Management 9. AIG (American International Group) Headquarters: New York, New York Total Revenue (2025): $58.9 billion Market Share: 2.7% AIG is one of the largest global insurance and financial services companies, with a strong presence in the U.S. Its offerings include everything from commercial insurance to personal coverage. The company has a significant role in both the property and casualty insurance markets and has been undergoing a strong recovery since the 2008 financial crisis. Key Offerings: Property and Casualty Insurance Life Insurance Travel Insurance Commercial Insurance 10. Nationwide Headquarters: Columbus, Ohio Total Revenue (2025): $52.3 billion Market Share: 2.5% Nationwide is a major provider of both personal and commercial insurance in the U.S. It offers a wide range of products, including auto, home, life, and health insurance. Nationwide’s strong brand and comprehensive offerings have helped it become one of the largest insurers in the country. Key Offerings: Auto Insurance Homeowners Insurance Life Insurance Business Insurance Farm Insurance 11. Chubb Headquarters: Warren, New Jersey Total Revenue (2025): $42.5 billion Market Share: 2.2% Chubb is one of the largest publicly traded property and casualty insurance companies in the U.S. It provides a wide array of services, from standard auto and home insurance to more specialized offerings for high-net-worth individuals and businesses. Key Offerings: Property Insurance Casualty Insurance Life Insurance Accident Insurance Reinsurance 12. The Hartford Headquarters: Hartford, Connecticut Total Revenue (2025): $24.9 billion Market Share: 2.0% The Hartford is known for its comprehensive offerings in both the personal and commercial lines of insurance. The company’s stronghold in business insurance has propelled its growth, along with its well-regarded claims service and long history in the industry. Key Offerings: Auto Insurance Home Insurance Commercial Insurance Life Insurance 13. American Family Insurance Headquarters: Madison, Wisconsin Total Revenue (2025): $18.6 billion Market Share: 1.8% American Family Insurance is a prominent player in the U.S. insurance industry, focusing on personal lines such as auto, home, and life insurance. The company has a reputation for customer-centric service and innovative products, particularly for younger consumers. Key Offerings: Auto Insurance Home Insurance Life Insurance Business Insurance 14. Travelers Headquarters: New York, New York Total Revenue (2025): $39.2 billion Market Share: 1.5% Travelers is one of the largest providers of property and casualty insurance in the U.S. The company offers a full range of insurance products for individuals, small businesses, and large corporations. Key Offerings: Auto Insurance Home Insurance Business Insurance Workers' Compensation 15. Farmers Insurance Headquarters: Los Angeles, California Total Revenue (2025): $22.3 billion

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