Fortune Magazine’s list of the 50 Most Admired Companies only includes one insurer, Berkshire Hathaway, at No. 7. However, the news outlet ranked insurers separately in their own categories: “Property and Casualty,” “Life and Health” and “Health Care: Insurance and Managed Care.”
For this “definitive report card on corporate reputations,” Fortune partnered with researcher Hay Group. After selecting approximately 1,400 companies — the Fortune 1,000, non-U.S. companies in Fortune's Global 500, and the top foreign companies operating in the United States — Hay sorted the companies by industry and selected the 15 largest for each international industry and the 10 largest for each U.S. industry, totaling 698 companies. To create the 58 industry lists, Hay asked executives, directors, and analysts to rate companies in their own industry on nine criteria: innovation, people management, use of assets, social responsibility, management quality, financial soundness, long-term investment, product quality and global competitiveness. A company's score must rank in the top half of its industry survey.
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