The 25 largest variable annuity providers

MAR 27, 2012
By  Mark Bruno
2011 rank 2010 rank Issuer Net assets ($M) % change vs. 2010 2011 market share % share change vs. 2010
1 1 TIAA-CREF* $358,204.7 -0.2% 25.2% -0.4%
2 2 MetLife $127,999.4 10.8% 9.0% 9.8%
3 3 Prudential Financial $102,118.6 10.3% 7.2% 10.8%
4 4 AXA Equitable $80,923.9 -3.4% 5.7% -3.4%
5 6 Lincoln Financial Group $76,628.1 -0.8% 5.4% 0.0%
6 7 SunAmerica/VALIC $66,903.6 -1.2% 4.7% -2.1%
7 5 Hartford $66,659.6 -17.0% 4.7% -17.5%
8 8 ING Group $61,149.5 -7.9% 4.3% -8.5%
9 12 Jackson National $58,982.1 22.0% 4.2% 23.5%
10 9 Ameriprise Financial $58,195.6 3.1% 4.1% 2.5%
11 10 John Hancock $49,104.7 -8.8% 3.4% -10.5%
12 11 Pacific Life $45,980.3 -8.2% 3.2% -8.6%
13 13 Nationwide $40,530.1 2.3% 2.8% 0.0%
14 14 AEGON/Transamerica $39,530.8 1.4% 2.8% 0.0%
15 15 Allianz Life $25,258.4 4.2% 1.8% 5.9%
16 16 Sun Life Financial $19,160.1 2.7% 1.4% 7.7%
17 18 Fidelity Investments Life $17,276.0 4.2% 1.2% 0.0%
18 17 New York Life $17,045.3 1.6% 1.2% 0.0%
19 19 Thrivent Financial $15,145.7 3.6% 1.1% 10.0%
20 22 Northwestern Mutual $11,036.6 1.8% 0.8% 0.0%
21 21 Massachusetts Mutual $10,679.7 -2.8% 0.8% 0.0%
22 23 Ohio National $10,357.6 2.0% 0.7% 0.0%
23 20 Genworth Financial $10,278.4 -13.8% 0.7% -12.5%
24 25 Guardian $5,995.5 3.9% 0.4% 0.0%
25 27 Protective $5,949.5 40.7% 0.4% 33.3%
As of Sept. 30. *The bulk of TIAA-CREF's variable annuity assets are generated from group annuity sales of retirement plans, rather than retail sales.Source: Source: Morningstar Inc.
Also view: • Top participating issuers of VAsParticipating issuers, ranked by sales

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