| Top 10 Writers Of Individual Life Insurance By Direct Premiums Written, 2020 |
($000)
|
| Rank |
Group/company |
Direct premiums written (1) |
Market share |
| 1 |
Northwestern Mutual Life Insurance Co. |
$11,287,564 |
8.4% |
| 2 |
New York Life Insurance Group |
8,046,047 |
6.0 |
| 3 |
Massachusetts Mutual Life Insurance Co. |
7,805,449 |
5.8 |
| 4 |
Lincoln National Corp. |
6,876,633 |
5.1 |
| 5 |
Prudential Financial Inc. |
6,660,935 |
5.0 |
| 6 |
State Farm |
4,921,089 |
3.7 |
| 7 |
John Hancock Life Insurance Co. |
4,722,689 |
3.5 |
| 8 |
Transamerica |
4,563,324 |
3.4 |
| 9 |
Pacific Life |
3,989,033 |
3.0 |
| 10 |
Guardian Life Insurance Co. of America |
3,619,273 |
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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