The world’s 500 largest mutual and cooperative insurance companies have again been ranked by the International Cooperative and Mutual Insurance Federation (ICMIF) in the 2022 edition of its Global 500 report.

The world’s 500 largest mutual and cooperative (hereafter referred to as “mutual”) insurance companies, in terms of premium revenue (referred to in the report as the Global 500), collectively wrote USD 1,259 billion in insurance premiums in 2020. Aggregate premiums of Global 500 companies grew in 2020 by 0.5% from the previous year (USD 1,252 billion). In comparison, the total global insurance market reported a negligible 0.04% growth between 2019 and 2020.