The top life insurance companies
Ranked by direct premiums
Ranked by direct premiums
| Company | Direct premiums (in millions) | Market share | |
|---|---|---|---|
| 1 | Metropolitan Group | $11,150.6 | 8.32% |
| 2 | Northwestern Mutual Group | $8,510.7 | 6.35% |
| 3 | New York Life Group | $8,144.4 | 6.08% |
| 4 | Prudential Of America Group | $6,935.2 | 5.17% |
| 5 | Lincoln National Group | $5,588.0 | 4.17% |
| 6 | John Hancock Group | $5,113.5 | 3.81% |
| 7 | Aegon U.S. Holding Group | $4,417.8 | 3.30% |
| 8 | Mass Mutual Life Insurance Group | $3,672.3 | 2.74% |
| 9 | State Farm Group | $3,575.2 | 2.67% |
| 10 | America International Group | $3,528.2 | 2.63% |
| 11 | Axa Insurance Group | $3,261.1 | 2.43% |
| 12 | Hartford Fire and Casualty Group | $3,227.9 | 2.41% |
| 13 | Guardian Life Group | $3,062.1 | 2.28% |
| 14 | ING American Insurance Holding Group | $2,627.0 | 1.96% |
| 15 | Protective Life Insurance Group | $2,506.5 | 1.87% |
| 16 | Allstate Insurance Group | $2,364.7 | 1.76% |
| 17 | Minnesota Mutual Group | $2,263.0 | 1.69% |
| 18 | Pacific Life Group | $2,253.5 | 1.68% |
| 19 | Citigroup Group | $1,959.6 | 1.46% |
| 20 | Sun Life Assurance Co. of Connecticut Group | $1,873.4 | 1.40% |
| 21 | Genworth Financial Group | $1,849.6 | 1.38% |
| 22 | UnumProvident Corp. Group | $1,686.6 | 1.26% |
| 23 | Nationwide Corp. Group | $1,629.7 | 1.22% |
| 24 | Cigna Health Group | $1,629.4 | 1.22% |
| 25 | Principal Financial Group | $1,612.6 | 1.20% |
| 26 | Liberty National Group | $1,537.2 | 1.15% |
| 27 | Great West Group | $1,422.7 | 1.06% |
| 28 | Midland National Life Insurance Group | $1,386.0 | 1.03% |
| 29 | Mutual of Omaha Group | $1,348.4 | 1.01% |
| 30 | Thrivent Financial for Lutherans Group | $1,269.7 | 0.95% |
| 31 | Aviva Group | $1,124.2 | 0.84% |
| 32 | Ameriprise Financial Group | $1,072.7 | 0.80% |
| 33 | Aetna Group | $1,030.1 | 0.77% |
| 34 | Phoenix Companies Group | $853.6 | 0.64% |
| 35 | West Southern Group | $813.9 | 0.61% |
| 36 | Swiss Re Group | $805.8 | 0.60% |
| 37 | Stancorp Financial Group | $794.1 | 0.59% |
| 38 | Zurich Insurance Group | $791.5 | 0.59% |
| 39 | United Services Automobile Association Group | $787.4 | 0.59% |
| 40 | CNO Financial Group | $773.6 | 0.58% |
| 41 | Banner Life Group | $770.3 | 0.57% |
| 42 | Assurant Inc. Group | $728.8 | 0.54% |
| 43 | Penn Mutual Group | $672.9 | 0.50% |
| 44 | Liberty Mutual Group | $661.6 | 0.49% |
| 45 | White Mountains Group | $645.5 | 0.48% |
| 46 | Knights of Columbus | $621.3 | 0.46% |
| 47 | Ohio National Life Group | $604.7 | 0.45% |
| 48 | National Life Group | $600.9 | 0.45% |
| 49 | Cuna Mutual Group | $589.5 | 0.44% |
| 50 | American National Financial Group | $567.3 | 0.42% |
| As of Dec. 31. Source: National Assocation of Insurance Commissioners, life and fraternal annual statements | |||
Long-term care carriers
| Company | Policies sold | Annualized premium (in millions) | Policies in-force | Annualized premium (in millions) |
|---|---|---|---|---|
| Bankers Life and Casualty1,2 | 13,244 | $21.1 | 328,109 | $570.1 |
| Berkshire Life Insurance Co. of America3 | 1,830 | $12.0 | 8,740 | $52.8 |
| Genworth Financial3,4 | 63,496 | $142.0 | 1,097,908 | $1,977.0 |
| John Hancock Financial Services3 | 60,018 | $143.8 | 724,903 | $1,495.3 |
| Knights of Columbus3 | 2,918 | $3.4 | 30,894 | $37.7 |
| MassMutual Financial Group3 | 4,584 | $15.2 | 44,463 | $162.0 |
| MedAmerica Insurance Co.1 | 4,041 | $6.2 | 85,140 | $115.5 |
| Metropolitan Life Insurance Co.1 | 11,439 | $24.9 | 246,503 | $536.5 |
| Mutual of Omaha3 | 12,676 | $26.1 | 93,972 | $165.6 |
| New York Life Insurance Co.1 | 11,512 | $23.9 | 120,441 | $190.9 |
| Northwestern Long Term Care Insurance Co.1,2 | 21,124 | $46.7 | 119,879 | $255.1 |
| Physicians Mutual Insurance Co.2,3 | 427 | $0.7 | 34,463 | $56.4 |
| Prudential Financial3 | 9,855 | $25.0 | 74,719 | $172.8 |
| State Farm Mutual Automobile Insurance Companies1 | 5,859 | $11.3 | 124,716 | $173.4 |
| Transamerica Life Insurance Co.1,2 | 2,378 | $5.3 | 261,454 | $468.6 |
| Unum1 | 80 | $0.2 | 172,886 | $316.9 |
| As of Dec. 31. 1Paid 2Estimates 3Issued Source: LifePlans Inc. | ||||
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