Brand Value by sector, top 500 brands, 2023
Tech
15%
Other
24%
Retail
13%
4% 4%
Oil and Gas
Engineering & Construction Insurance
12%
4%
Banking
7%
7% 10%
Media
Automobiles
Telecoms
Source: Brand Finance
Largely as a result of its weak brand performance, the property casualty insurance industry has seen its total market value eclipsed by the tech giants and a handful of other companies that have leveraged their intangible assets to achieve exceptional growth and profitability.
In a world of giants ... Market capitalization - selected companies (in $trn)
US P&C carriers 0.51
Berkshire Hathaway 0.86
Microsoft 3.08
Tesla 0.59
Novo Nordisk 0.41
LVMH 0.43
Google 1.82
Amazon 1.77
Nvidia 1.73
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