Life Insurance Companies By Market Share
Metlife brighthouse financial northwestern mutual new york life and prudential are the four largest life insurance companies in the united states all holding at least 5 of the market.
Life insurance companies by market share. The insurance giant s share in the overall pie now stands at 72 percent in a market where several state run life insurers are increasingly outdoing their private competitors in getting new. This information comes from the national association of insurance commissioners and is current for the year 2010. With standard life no longer in the rankings in 2015 empire life filled the gap in the top 10 with a market share of 1. New york life.
State run insurance giants life insurance corporation lic has further increased its dominance in india s life insurance market with a six percent jump market share between april to september. The top ten life insurance companies by market share are listed below. State farm mutual automobile insurance. We looked at naic ratings based on market share financial stability ratings and a variety of consumer reviews to create a list of five best life insurance.
The numbers listed are percentages of market share which means the amount of business the company does out of the total of life insurance products sold. Here are the 20 largest life insurance companies listed in order of market share for individual life insurance according to data from s p global. Drug insurance draws nearly half of revenues canadian insurers garnered 46 of their group insurance revenues from drug insurance benefits at 17 9 billion on total revenue of 38 6 billion reported in canada in 2015. Largest life insurance companies in the u s.
The total all lines market share in this publication represents total line as reported on annual statement 35 age 19 and p. Market share reports for the top 125 accident and health insurance companies and groups by state and countrywide combines data from all four statements to provide complete market share information for that line.
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