Top 10 Writers Of Annuities By Direct Premiums Written, 2020 (1) |
($000)
|
Rank |
Group/company |
Direct premiums written |
Market share (2) |
1 |
Jackson National Life Group |
$18,217,401 |
6.4% |
2 |
TIAA |
17,118,701 |
6.0 |
3 |
Lincoln National Corp. |
17,014,922 |
6.0 |
4 |
American International Group (AIG) |
15,201,275 |
5.3 |
5 |
Nationwide Mutual Group |
14,130,538 |
5.0 |
6 |
Athene Holding Ltd. |
13,437,971 |
4.7 |
7 |
New York Life Insurance Group |
12,590,057 |
4.4 |
8 |
Voya Financial Inc. |
12,017,665 |
4.2 |
9 |
Equitable Holdings |
10,729,018 |
3.8 |
10 |
Massachusetts Mutual Life Insurance Co. |
10,341,676 |
3.6 |
(1) Includes individual and group annuities.
(2) Based on U.S. total, includes territories.
Source: NAIC data, sourced from S&P Global Market Intelligence, Insurance Information Institute. |
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