TOP TEN FINANCIAL SERVICES FIRMS GLOBAL BY REVENUES, 2007 (1)

leading companies worldwide insurance

Instability in global financial markets has taken its toll various financial services companies United States figured prominently in the Global 500, Fortune magazine of the world's largest corporations. In 2008, the Federal Reserve acquired a stake of equity of 79.9% in American International Group (AIG) (shown in the sector of insurance Fortune as property/real estate and insurance). This followed by taking the power of the federal Government of Fannie Mae and Freddie Mac, in Fortune diversified Financials sector) at the beginning of the year. The Securities and investment banking sector also saw radical changes. In September that the Federal Reserve decided to convert to Morgan Stanley and Goldman Sachs Group Inc., investment banks in banking portfolio, companies making them subject to regulations in services. Early this month Bank of America had agreed to Merrill Lynch, move that signature in the banking system and purchase. Also in September, values giant Lehman Brothers collapsed, marking the largest bankruptcy in U.S. history. Classifications which are based on annual analysis of Fortune magazine of the largest corporations in the world based on revenues. Fortune brings together companies in all industry categories. Each company is assigned a category, while some companies are involved in various industries. For example, some of the major property/victim insurance companies write also life insurance.



INSURANCE COMPANIES.

TOP TEN GLOBAL INSURANCE COMPANIES
BY REVENUES, 2007 (1)

($ million)


Range

1 AXA $162,762 France life/health
Owned by Allianz 140,618 Germany 2/low
Property/victim of the United States of Berkshire Hathaway 118,245 3
Assicurazioni Generali 113,813 Italy 4 life/health
5 American International Group (AIG) (3) 110,064 U.S. property/low
6 Life/health of Aviva 81,317 UK
7 Prudential life/health 66,358 United Kingdom
Property of Munich Re Group 64,774 Germany 8/low
9 Countries low 62,383 Aegon life/health
10 State farm insurance Cos. 61,612 States United property/low


(1) Based on the analysis of companies in the Fortune Global 500. It includes material and mutual companies.
(2) Revenues include premium and income from the annuity, income and capital gains or losses, but exclude deposits; includes consolidated subsidiaries, excludes taxes.
(3) In 2008 AIG gave 79.9 percent of his property to the federal Government for a loan of $ 85 million.

Source: Fortune.