Top 10 Writers Of Group Life Insurance By Direct Premiums Written, 2023

($000)

Rank Group/company Direct premiums written (1) Market share (2)
1 MetLife Inc. $8,962,478  22.5%
2 New York Life Insurance Group 3,683,323 9.2 
3 Prudential Financial Inc. 3,652,745 9.2 
4 Securian Financial Group 2,895,928 7.3 
5 Nationwide Mutual Group 2,318,805 5.8 
6 Hartford Life & Accident Insurance Co. 2,252,138 5.7 
7 Unum Group 1,743,379 4.4 
8 Lincoln National Corp. 1,643,538 4.1 
9 Standard Life & Casualty Insurance Co. 1,172,829 2.9 
10 Sun Life Financial 853,485 2.1 
(1) Before reinsurance transactions. Based on U.S. total, includes territories. Excludes annuities, accident and health, deposit-type contract funds and other considerations. (2) Based on U.S. total, excluding territories. Source: NAIC data, sourced from S&P Global Market Intelligence, Insurance Information Institute.