| Top 10 Writers Of Life Insurance By Direct Premiums Written, 2023 |
($000)
|
| Rank |
Group/company |
Direct premiums written (1) |
Market share (2) |
| 1 |
New York Life Insurance Group |
$13,172,098 |
6.9% |
| 2 |
Northwestern Mutual Life Insurance Co. |
13,030,389 |
6.8 |
| 3 |
MetLife Inc. |
11,063,635 |
5.8 |
| 4 |
Prudential Financial Inc. |
10,852,630 |
5.7 |
| 5 |
Massachusetts Mutual Life Insurance Co. |
9,082,280 |
4.8 |
| 6 |
Lincoln National Corp. |
8,197,283 |
4.3 |
| 7 |
Nationwide |
5,799,688 |
3.0 |
| 8 |
State Farm |
5,751,128 |
3.0 |
| 9 |
Transamerica |
5,022,475 |
2.6 |
| 10 |
Securian Financial Group |
4,947,648 |
2.6 |
(1) Before reinsurance transactions. Based on U.S. total, includes territories. Excludes annuities, accident/health, deposit-type contract funds and other considerations.
(2) Based on U.S. total, excluding territories.
Source: NAIC data, sourced from S&P Global Market Intelligence, Insurance Information Institute. |
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