| Top 10 Writers Of Individual Life Insurance By Direct Premiums Written, 2022 |
($000)
|
| Rank |
Group/company |
Direct premiums written (1) |
Market share |
| 1 |
Northwestern Mutual Life Insurance Co. |
$13,899,117 |
9.5% |
| 2 |
Massachusetts Mutual Life Insurance Co. |
9,240,706 |
6.3 |
| 3 |
New York Life Insurance Group |
8,649,217 |
5.9 |
| 4 |
Lincoln National Corp. |
6,893,920 |
4.7 |
| 5 |
Prudential Financial Inc. |
6,788,782 |
4.6 |
| 6 |
State Farm |
5,452,546 |
3.7 |
| 7 |
John Hancock Life Insurance Co. |
4,866,774 |
3.3 |
| 8 |
Pacific Life |
4,733,763 |
3.2 |
| 9 |
Transamerica |
4,638,223 |
3.2 |
| 10 |
Protective |
4,111,716 |
2.8 |
(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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