Top 10 UK Insurance Companies in 2019 - Top Insurance Blogs

Below is a list of the top 10 ranked insurance companies in the United Kingdom in the year 2019.This ranking is based on their total asset.1.

Prudential PLC This British life insurance and financial services company with headquarters in London, United Kingdom was founded in London in the year 1848 to provide loans to professionals.The company currently has 20 million life customers and they are the current owner of Prudential Corporation Asia, which has leading insurance and asset management operations across 14 markets in Asia.They also owns Jackson National Life Insurance Company, which is one of the largest life insurance providers in the United States.

The company currently has a primary listing on the London Stock Exchange.2.Legal & General Group PLC This British life insurance and financial services company with headquarters in London, United Kingdom was founded in London in the year 1836 to provide financial services.

Part of its products and services include investment management, lifetime pensions, annuities, life assurance, and general insurance. They have operations in the United Kingdom and United States coupled with investment management businesses both in Europe and Asia.Legal & General Group company currently has a primary listing on the London Stock Exchange.

3.Aviva PLC This British life insurance company with headquarters in London, United Kingdom was founded in the year 2000 through a merger.The company currently has about 33 million customersacross 16 countries.In the United Kingdom, Aviva is one of the largest general insurer and a leading life and pension’s provider.

Aviva PLC has £1,687 million in net income and generated a total of £17,799 million in revenue in the year 2018. 4.The Phoenix Group  This British life insurance company with headquarters in London, United Kingdom was founded in the year 1857 and previously known as Pearl Group.

The Phoenix Group is one of the largest providers of insurance in the United Kingdom and currently listed on the London Stock Exchange. The company has £2,549 million in revenue, £401 million in operating income and £410 million in net income all in the year 2018.5.

Aegon UK Aegon, founded in the year 1831 is a British life insurance company with headquarters in Edinburg, Scotland.Aegon is a pension, insurance and Investment Company and a subsidiary of Aegon N.V.a multi-national life insurance, pension and asset management company headquartered in The Hague, Netherlands.

They currently have over 2 million customers and approximately 2,100 staff on the payroll working from its Edinburgh headquarters. 6.RSA Insurance Group PLC RSA Insurance Group PLC has their headquarters is in London, United Kingdom.

It was founded in the year 1996 after Royal and Sun Alliance merged together.RSA insurance has major operations in the United Kingdom, Ireland and Canada and also provides insurance products and services in more than 140 countries through their local partners.The company has £7,018 million in revenue, £480 million in operating income and £372 million in net income all in the year 2018.

RSA currently have 9 million customers globally and listed on the London Stock Exchange.They are situated at 20 Fenchurch Street London EC3M 3AU United Kingdom.7.

NFU Mutual This British life insurance company called NFU Mutual have their headquarters is in Stratford-upon-Avon, England and was founded in the year 1910.The way they operate is quite different from other insurance companies whereby the insurance companies is owned by their shareholders but in the case of NFU Mutual it is owned by its policyholders.The company also sells its policies majorly through a network of tied agents which are located mainly in rural areas.

8.Liverpool Victoria This British life insurance company with headquarters in Bournemouth, United Kingdom and was founded in the year 1843 as a burial society.They are considered to be one of the United Kingdom’s largest insurance companies with over five million customers and 5,700 employees.

Their current address is at Liverpool Victoria, County Gates, Bournemouth, BH1 2NF, UK.9.AIG Europe Limited This is an American insurance company but has a major operation in the United Kingdom.

They are one of the leading global insurance organizations with 100 years of experience in property casualty insurance, life insurance, retirement products, and other financial services to customers in more than 80 countries.AIG Europe Limited was founded in the year 1919 and their headquarters is in New York, United State.Their UK office address is at 58 Fenchurch Street, London EC3M 4AB.

10.Standard Life Aberdeen plc This British life insurance company is a global investment company with headquarters in Bournemouth, United Kingdom.Standard Life Aberdeen PLC was founded in the year 1843 and was formerly called Standard Life PLC.

It merged with Aberdeen Asset Management on 14 August 2017 and renamed to Standard Life Aberdeen.Standard Life Aberdeen is listed on the London Stock Exchange and has £2,131 million in revenue, £787 million in operating income and £868 million in net income all in the year 2018.

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