Variable-annuity asset leaders
Rank Issuer Net assets ($M) % change vs. 2011 Market share % change…
Rank | Issuer | Net assets ($M) | % change vs. 2011 | Market share | % change vs. 2011 |
---|---|---|---|---|---|
1 | TIAA-CREF | $394,136.4 | 10.0% | 24.3% | -3.6% |
2 | MetLife | $157,799.7 | 23.3% | 9.7% | 7.8% |
3 | Prudential Financial | $128,114.7 | 25.5% | 7.9% | 9.7% |
4 | AXA Equitable | $91,477.7 | 13.0% | 5.6% | -1.8% |
5 | Lincoln Financial Group | $90,028.0 | 17.4% | 5.6% | 3.7% |
6 | Jackson National | $82,913.5 | 40.6% | 5.1% | 21.4% |
7 | Sun America/VALIC | $77,087.1 | 15.5% | 4.8% | 2.1% |
8 | Hartford | $66,657.8 | 0.0% | 4.1% | -12.8% |
9 | ING Group | $66,577.0 | 8.9% | 4.1% | -4.7% |
10 | Ameriprise Financial | $66,168.9 | 13.7% | 4.1% | 0.0% |
11 | John Hancock | $52,021.1 | 5.9% | 3.2% | -5.9% |
12 | Pacific Life | $51,322.4 | 11.6% | 3.2% | 0.0% |
13 | Nationwide | $47,675.6 | 17.6% | 2.9% | 3.6% |
14 | AEGON/Transamerica | $46,880.9 | 18.6% | 2.9% | 3.6% |
15 | Allianz Life | $29,437.2 | 16.5% | 1.8% | 0.0% |
16 | Fidelity Investments Life | $20,449.3 | 16.7% | 1.3% | 8.3% |
17 | New York Life | $20,043.1 | 17.6% | 1.2% | 0.0% |
18 | Thrivent Financial | $18,646.7 | 23.1% | 1.2% | 9.1% |
19 | Ohio National | $13,369.6 | 29.1% | 0.8% | 14.3% |
20 | Northwestern Mutual | $13,295.6 | 20.5% | 0.8% | 0.0% |
21 | Massachusetts Mutual | $12,283.7 | 10.3% | 0.8% | 0.0% |
22 | Genworth Financial | $10,603.2 | 3.2% | 0.6% | -14.3% |
23 | Mutual of America | $9,297.7 | 67.2% | 0.6% | 50.0% |
24 | Protective | $8,866.4 | 49.0% | 0.6% | 50.0% |
25 | Guardian | $7,931.9 | 32.3% | 0.5% | 25.0% |
As of September 30, 2012. *The bulk of TIAA-CREF’s VA assets are generated from group annually sales of retirement plans, rather than retail sales.
Source: Morningstar Inc.
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