Top 10 Writers Of Life Insurance By Direct Premiums Written, 2020 |
($000)
|
Rank |
Group/company |
Direct premiums written (1) |
Market share |
1 |
New York Life Insurance Group |
$11,694,323 |
6.9% |
2 |
Northwestern Mutual Life Insurance Co. |
11,297,024 |
6.7 |
3 |
MetLife Inc. |
10,493,253 |
6.2 |
4 |
Prudential Financial Inc. |
10,058,276 |
5.9 |
5 |
Lincoln National Corp. |
8,370,518 |
4.9 |
6 |
Massachusetts Mutual Life Insurance Co. |
7,915,664 |
4.7 |
7 |
State Farm |
4,971,384 |
2.9 |
8 |
Transamerica |
4,860,309 |
2.9 |
9 |
John Hancock Life Insurance Co. |
4,727,688 |
2.8 |
10 |
Securian Financial Group |
4,688,332 |
2.8 |
(1) Before reinsurance transactions. Based on U.S. total, includes territories. Excludes annuities, accident/health, deposit-type contract funds and other considerations.
Source: NAIC data, sourced from S&P Global Market Intelligence, Insurance Information Institute. |
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