Top Life Insurance Companies by revenue
Following is a list of the largest life insurance companies in the United States ranked by total revenue. MetLife, Prudential and New York Life are the three biggest life insurers in the nation, with combined revenue of over $171 billion. The companies offer a diverse range of insurance, annuity and investment products.
Rank | Company | Total Revenue, $B (2020) |
1 | MetLife | 67.842 |
2 | Prudential Financial | 57.033 |
3 | New York Life Insurance | 46.712 |
4 | TIAA | 41.619 |
5 | Northwestern Mutual | 33.782 |
6 | Massachusetts Mutual | 23.663 |
7 | Aflac | 22.147 |
8 | Lincoln National | 17.439 |
9 | Principal Financial | 14.742 |
10 | Reinsurance Group of America | 14.596 |
11 | Guardian Life Ins. Co. of America | 13.562 |
12 | Unum Group | 13.162 |
13 | Equitable Holdings | 12.415 |
14 | Mutual of Omaha Insurance | 11.098 |
15 | Pacific Life | 10.062 |
16 | Genworth Financial | 8.658 |
17 | Brighthouse Financial | 8.503 |
18 | Thrivent Financial for Lutherans | 8.153 |
19 | Western & Southern Financial | 8.058 |
20 | Global Atlantic Financial Group | 7.472 |
21 | Securian Financial Group | 6.870 |
22 | Protective Life * | 6.530 |
23 | Globe Life | 4.738 |
24 | Voya Financial | 4.230 |
25 | CUNA Mutual Group | 4.049 |
26 | CNO Financial Group | 3.821 |
27 | American National Group | 3.792 |
28 | Penn Mutual Life Insurance | 3.700 |
29 | Medical Mutual of Ohio | 3.524 |
30 | Jackson National Life ** | 3.206 |
31 | NLV Financial (National Life Group) | 2.573 |
32 | American Equity Investment Life Holding | 2.425 |
33 | Knights of Columbus | 2.353 |
34 | Primerica | 2.218 |
35 | Ohio National Mutual | 2.182 |
* Protective Life Corporation, headquartered in Birmingham, Alabama, is a wholly-owned subsidiary of The Dai-ichi Life Insurance Company.
** Jackson National Life Insurance Company, based in Lansing, Michigan, completed separation from Prudential plc and was listed on the NYSE in 2021.