Who has the most expensive insurance in the world?

Asked by: Ottilie Hettinger  |  Last update: February 23, 2025
Score: 4.5/5 (40 votes)

We've set a new Guinness World Record for the most valuable life insurance policy ever sold, worth US$250 million. Issued and fully underwritten by HSBC Life, our insurance business in Hong Kong, it was taken out by an individual customer earlier this year.

What is the most expensive insurance in the world?

The world's most valuable life insurance policy has been taken out by an individual customer of HSBC Life in Hong Kong. Worth $250 mn, the whole-of-life protection policy will pay out the record-breaking sum to the anonymous person's named beneficiary after their death.

What is the most expensive insurance company?

Allstate

Allstate is one of the pricier major insurers in America, averaging as the most expensive out of the ten largest insurance providers. At $168 per month, covering a vehicle through Allstate costs $41 more than choosing another large auto insurance company. Esurance is an owned subsidiary of Allstate.

How much is Ronaldo insured?

Cristiano Ronaldo – £90 Million Legs

At the time, the £80 million transfer fee set a new world record, but Real also went one better by insuring Ronaldo's legs for a whopping £90 million.

Who insured their legs for a million dollars?

Rihanna's legs – $1.5 million (£1.2m)

Rhianna reportedly insured her legs for a cool $1 million back in 2007, the equivalent of $1.5 million (£1.2m) in today's money.

Who Is The Most Expensive Car Insurance? - InsuranceGuide360.com

18 related questions found

Is Lionel Messi a billionaire?

To sum it up, his base salary at Inter Miami is $60 million, and he'll own 10% of the team by the end of his contract, which could be worth over $200 million if the team's value holds up after he retires. Despite some misleading reports, Lionel Messi is NOT a billionaire.

Who is the richest person in insurance?

1. Warren Buffett. Buffett once again secures the top spot on the list of the country's wealthiest insurance tycoons. The man known as the “Oracle of Omaha” currently sits in the tenth spot of Forbes' overall rankings with a net worth of $103.6 billion.

Who is the #1 insurance company in the USA?

State Farm is the largest auto insurance company in the U.S. based on written premium, or the total amount it bills customers. Progressive is the second-largest car insurance company, followed by Geico and Allstate.

Who owns Geico?

In 1996, GEICO became a wholly owned subsidiary of Berkshire Hathaway Inc., headed by Warren Buffett, one of the country's most successful investors. For the past several years, Fortune magazine has named Berkshire Hathaway as one of its the most admired companies.

What insurance company do millionaires use?

Chubb Insurance Masterpiece

Chubb is a premium insurer that specializes in serving successful families and individuals. With over a hundred years of experience in 50+ countries around the world, Chubb is a household name among high net worth individuals.

Who owns New York Life?

We answer to our policy owners, not to Wall Street

New York Life is a mutual company, meaning we are not traded on the stock exchange, we don't have shareholders, and we don't answer to Wall Street. We answer to and operate for the benefit of current and future policy owners.

What is the hardest insurance to sell?

Life insurance is the most profitable—and the hardest—type of insurance to sell.

How much does $1000000 insurance cost?

On average, a $1 million liability insurance policy costs $69 a month, or $824 a year, for our small business owners. Keep in mind that every business is different, so the $1 million liability insurance cost will vary.

What is the strongest insurance brand in the world?

NEW DELHI: Insurance behemoth Life Insurance Corporation of India (LIC) has emerged as the strongest insurance brand globally, according to a report Brand Finance Insurance 100 2024.

What celebrities have insurance with Lloyd's of London?

Lloyd's is known for insuring celebrity body parts. They have covered Tina Turner's legs for $3.2 million, Bruce Springsteen's voice for $6 million, and America Ferrera's smile for $10 million. Lloyd's has a long history of providing war and terrorism insurance.

Who is State Farm owned by?

State Farm is a mutual company, which means that it is owned by its policyholders. Unlike publicly traded companies, State Farm does not have shareholders to whom it needs to provide dividends.

Which insurance makes the most money?

United Healthcare is the leading insurance company in terms of revenue. Insurance companies offer policies for losses due to accidents, health issues, property damage, and professional liability.

Who is the highest paid insurance CEO?

Highest paid P&C insurance CEOs in 2023
  • Alan Schnitzer (Travelers) ...
  • Peter Zaffino (American International Group) ...
  • Evan Greenberg (Chubb) ...
  • William Berkley (W.R. ...
  • Thomas Wilson (Allstate) ...
  • Alan Schnitzer (Travelers) ...
  • Peter Zaffino (American International Group) ...
  • Evan Greenberg (Chubb)

Who is technically the richest person?

The world's 10 wealthiest individuals
  • Elon Musk: $437 billion. ...
  • Jeff Bezos: $243 billion. ...
  • Mark Zuckerberg: $214 billion. ...
  • Larry Ellison: $192 billion. ...
  • Larry Page: $170 billion. ...
  • 6. Bernard Arnault: $169 billion. ...
  • Sergey Brin: $160 billion. ...
  • Bill Gates: $158 billion.

How do billionaires insure their money?

Alternatively, billionaires may opt for a cash management account with higher FDIC insurance coverage limits and checking account features.

How many people have 1 billion dollars?

Rockefeller became the world's first confirmed U.S. dollar billionaire in 1916. As of April 2024, there are 2,781 billionaires worldwide, with a combined wealth of over US$14.2 trillion, up from US$12.2 trillion in 2023.

How many houses does Messi have?

Along with his football income, Messi's real estate holdings—which include luxury homes in Barcelona, Rosario, Miami, and Rosario—add to his riches, with his wealth considerably enhanced by his many business investments.