Magazine date:
Apr 2022 Top 25 life insurance companies in the United States
Figures in billion USD| Rank 2021 | Companies | Turnover * | 2020-2021 evolution | 2021 shares | |
|---|---|---|---|---|---|
| 2020 | 2021 | ||||
| 1 | Northwestern Mut | 11.30 | 14.27 | 26.28% | 8.93% |
| 2 | New York Life | 11.69 | 13.26 | 13.43% | 8.30% |
| 3 | Metropolitan | 10.49 | 11.48 | 9.44% | 7.19% |
| 4 | Prudential of Amer | 10.06 | 10.64 | 5.77% | 6.66% |
| 5 | Mass Mut Life | 7.92 | 10.04 | 26.77% | 6.28% |
| 6 | Lincoln National | 8.37 | 8.30 | -0.84% | 5.20% |
| 7 | State Farm | 4.97 | 5.25 | 5.63% | 3.29% |
| 8 | John Hancock | 4.73 | 5.04 | 6.55% | 3.15% |
| 9 | Guardian Life | 4.28 | 4.53 | 5.84% | 2.84% |
| 10 | Pacific Life | 3.99 | 4.53 | 13.53% | 2.84% |
| 11 | Sammons Enterprises | 2.68 | 4.36 | 62.69% | 2.73% |
| 12 | Nationwide Corp | 3.20 | 3.93 | 22.81% | 2.46% |
| 13 | American International | 3.58 | 3.58 | 0.00% | 2.24% |
| 14 | Mutual of Omaha | 2.67 | 2.92 | 9.36% | 1.83% |
| 15 | Primerica | 2.58 | 2.78 | 7.75% | 1.74% |
| 16 | National Life | 1.91 | 2.51 | 31.41% | 1.57% |
| 17 | Principal FIN | 2.31 | 2.43 | 5.19% | 1.52% |
| 18 | UNUM | 2.39 | 2.40 | 0.42% | 1.50% |
| 19 | Brighthouse Holdings | 2.28 | 2.21 | -3.07% | 1.38% |
| 20 | Hartford Fire & Cas | 2.00 | 2.13 | 6.50% | 1.33% |
| 21 | West Southern | 1.66 | 1.75 | 5.42% | 1.10% |
| 22 | Thrivent Financial for Lutherans | 1.53 | 1.63 | 6.54% | 1.02% |
| 23 | Voya Financial | 2.48 | 1.61 | -35.08% | 1.01% |
| 24 | Globe Life | 2.63 | 1.46 | -44.49% | 0.91% |
| 25 | Allianz INS | 1.20 | 1.45 | 20.83% | 0.91% |
| Total of top 25 companies | 112.9 | 124.49 | 10.27% | 77.93% | |
| Rest of the market * | 60.55 | 35.25 | -41.78% | 22.07% | |
| Grand total | 173.45 | 159.74 | -7.90% | 100% | |
* Insurance "Life & Fraternal"
** 899 companies in 2020
Top 25 non life insurance companies in the United States
Figures in billion USD| Rank 2021 | Companies | Turnover * | 2020-2021 evolution | 2021 shares | |
|---|---|---|---|---|---|
| 2020 | 2021 | ||||
| 1 | State Farm | 66.15 | 70.31 | 6.29% | 12.24% |
| 2 | Progressive | 41.73 | 47.76 | 14.45% | 8.31% |
| 3 | Allstate | 34.31 | 41.06 | 19.67% | 7.15% |
| 4 | Travelers | 28.78 | 30.92 | 7.44% | 5.38% |
| 5 | Chubb Ltd | 24.05 | 26.98 | 12.18% | 4.70% |
| 6 | USAA | 24.62 | 25.25 | 2.56% | 4.39% |
| 7 | Nationwide Corporation | 18.49 | 19.44 | 5.14% | 3.38% |
| 8 | The Hartford | 12.37 | 13.56 | 9.62% | 2.36% |
| 9 | CNA Financial | 11.74 | 12.60 | 7.33% | 2.19% |
| 10 | American Family Insurance Group | 11.33 | 10.03 | -11.47% | 1.75% |
| 11 | Auto-Owners Insurance | 9.30 | 9.92 | 6.67% | 1.73% |
| 12 | Assurant Inc. | 8.28 | 8.92 | 7.73% | 1.55% |
| 13 | W.R. Berkley Corporation | 6.80 | 8.26 | 21.47% | 1.44% |
| 14 | Berkshire Hathaway * | 46.05 | 8.07 | -82.48% | 1.40% |
| 15 | Erie Insurance Group | 7.61 | 7.87 | 3.42% | 1.37% |
| 16 | AXA Insurance Group | 7.01 | 7.77 | 10.84% | 1.35% |
| 17 | Tokio Marine Holdings | 7.71 | 7.48 | -2.98% | 1.30% |
| 18 | Markel Corporation | 6.05 | 7.42 | 22.64% | 1.29% |
| 19 | American Financial Group | 6.68 | 6.69 | 0.15% | 1.16% |
| 20 | Cincinnati Financial Group | 5.54 | 6.01 | 8.48% | 1.05% |
| 21 | Fairfax Financial | 7.58 | 5.76 | -24.01% | 1.00% |
| 22 | FM Global | 5.13 | 5.60 | 9.16% | 0.97% |
| 23 | Allianz Insurance Group | 5.05 | 5.55 | 9.90% | 0.97% |
| 24 | Arch Insurance | 4.57 | 5.47 | 19.69% | 0.95% |
| 25 | The Hanover | 5.11 | 5.43 | 6.26% | 0.94% |
| Total of top 25 companies | 412.04 | 404.13 | 5.55% | 70.32% | |
| Rest of the market ** | 319.87 | 170.55 | -51.14% | 29.68% | |
| Grand total | 731.91 | 574.68 | -21.48% | 100% | |
* Non-life direct premiums only for 2021
** 2451 companies in 2020
