What is market capitalization?

The market cap data was pulled from this website. Also referred to as market cap, market capitalization is the total market value of a company’s outstanding shares owned by stockholders. In simple terms, it is how much the company is worth as determined by the stock market. Market cap is calculated by multiplying the number of outstanding shares by the current market value of a single share. 

Investors typically use market capitalization to determine a company’s size rather than its sales or total assets. The figure is also used to evaluate a company’s financial performance against other firms of various sizes. 

Determining a firm’s market cap is important, especially for the investing community, because companies with larger market capitalization are often seen as safer investments as they are also mostly established industry players with a longer history in the business.   

Now that you know which firms rank among the largest insurance companies in the world, it’s time to find out the world’s leading reinsurance firms. Check out our latest global reinsurance companies ranking here to learn more about some of the largest insurance companies in the world using a different metric.   

Do you have experience with the largest insurance companies in the world that you want to share? Chat us up in the comment box below.