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.