In the country like Germany Insurance is mandatory for all. Presently more than 430 insurance companies are listed under Federal Republic of Germany by employing around 245,000 employees.
Among various insurance types, about 85 percent of the German population is insured under the Gesetzliche Krankenkasse (GKV), the German version of a national Health Insurance system. Other types of insurances in Germany are Personal liability Insurance, Accident and Disability Insurance, Home Insurance, Legal Insurance etc.
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The major insurance companies in Germany are as follows:
Allianz
Axa-Colonia
DBV-Winterthur
Munich Re
Gerling Group
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