Top 10 Writers Of Life Insurance By Direct Premiums Written, 2022 |
($000)
|
Rank |
Group/company |
Direct premiums written (1) |
Market share |
1 |
Northwestern Mutual Life Insurance Co. |
$13,912,275 |
7.5% |
2 |
New York Life Insurance Group |
12,374,016 |
6.6 |
3 |
MetLife Inc. |
11,409,945 |
6.1 |
4 |
Prudential Financial Inc. |
10,476,116 |
5.6 |
5 |
Massachusetts Mutual Life Insurance Co. |
9,436,114 |
5.1 |
6 |
Lincoln National Corp. |
8,449,414 |
4.5 |
7 |
Nationwide |
6,100,661 |
3.3 |
8 |
State Farm |
5,502,129 |
3.0 |
9 |
Securian Financial Group |
5,041,173 |
2.7 |
10 |
Transamerica |
4,944,751 |
2.7 |
(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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