Banks and Thrifts with Highest 5-Year Average Return on Equity

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Banks and Thrifts with Highest 5-Year Average Return on Equity

Top U.S. Individual Life, Accident, and Health Insurance Companies
By net admitted assets as of Dec. 31, 2002. Dollars in thousands
Published May 8, 2003
Related Table: Top 25 in Assets and Growth
Rank   Dec. 2002 Year earlier Change
1 Metropolitan Life Insurance Co. Tampa $200,525,216 $184,673,071 8.58%
2 Prudential Insurance Co. of America Newark, N.J. 186,612,438 184,193,746 1.31
3 Teachers Insurance & Annuity Association of America New York 142,165,349 129,653,098 9.65
4 Northwestern Mutual Life Insurance Milwaukee 102,918,611 98,379,555 4.61
5 Hartford Life Insurance Co. Conn. 87,121,877 86,261,555 1.00
6 New York Life Insurance Co. 81,993,463 77,942,284 5.20
7 Equitable Life Assurance Society of the U.S. New York 78,251,332 85,675,779 -8.67
8 Principal Life Insurance Co. Des Moines 78,002,390 77,162,432 1.09
9 Massachusetts Mutual Life Insurance Springfield 74,762,103 70,239,048 6.44
10 Nationwide Life Insurance Co. Columbus, Ohio 73,705,955 80,756,048 -8.73
11 John Hancock Life Insurance Co. Boston 69,341,547 64,301,128 7.84
12 Lincoln National Life Insurance Co. Fort Wayne, Ind. 67,123,506 73,936,122 -9.21
13 Connecticut General Life Insurance Philadelphia 66,797,875 69,511,017 -3.90
14 The Travelers Insurance Co. Hartford, Conn. 55,274,525 52,802,153 4.68
15 Pacific Life Insurance Co. Newport Beach, Calif. 51,380,393 52,045,117 -1.28
16 Allstate Life Insurance Co. Northbrook, Ill. 49,828,440 43,996,107 13.26
17 Manufacturers Life Insurance Co. USA Buffalo 47,127,776 29,602,787 59.20
18 Jackson National Life Insurance Co. Lansing, Mich. 45,364,050 43,220,905 4.96
19 IDS Life Insurance Co. Minneapolis 44,831,442 46,328,188 -3.23
20 ING Life Insurance and Annuity Co. Hartford, Conn. 43,721,164 46,759,536 -6.50
21 Variable Annuity Life Insurance Co. Houston 43,623,690 43,756,823 -0.30
22 SunAmerica Life Insurance Co. Los Angeles 43,143,171 32,634,704 32.20
23 Hartford Life & Annuity Insurance Co. Hartford, Conn. 42,357,572 45,877,432 -7.67
24 New York Life Insurance & Annuity Co. 41,298,840 34,673,993 19.11
25 American Family Life Assurance Co. of Columbus Ga. 36,287,137 30,615,914 18.52
26 AIG Annuity Insurance Co. Houston 33,831,368 24,853,360 36.12
27 American Life Insurance Co. Wilmington, Del. 32,456,820 28,471,148 14.00
28 State Farm Life Insurance Co. Bloomington, Ill. 32,097,996 30,412,142 5.54
29 Transamerica Life Insurance Co. Cedar Rapids, Iowa 31,525,744 21,515,857 46.52
30 General Electric Capital Assurance Co. Richmond 30,672,615 25,229,641 21.57
31 Great West Life & Annuity Insurance Greenwood Village, Colo. 26,156,093 27,573,657 -5.14
32 Aetna Life Insurance Co. Hartford, Conn. 25,351,171 26,728,128 -5.15
33 Transamerica Life Insurance Co. Cedar Rapids, Iowa 24,116,312 24,282,769 -0.69
34 Transamerica Life Insurance & Annuity Los Angeles 23,156,952 21,951,338 5.49
35 Allianz Life Insurance Co. of North America Minneapolis 22,745,493 16,206,280 40.35
36 American Skandia Life Assurance Corp. Shelton, Conn. 22,464,924 26,475,933 -15.15
37 AIG SunAmerica Life Assurance Co. Los Angeles 22,068,132 24,901,877 -11.38
38 American General Life Insurance Co. Houston 20,832,014 11,124,752 87.26
39 Sun Life Assurance Co. of Canada U.S. Wellesley Hills, Mass. 19,725,704 20,940,450 -5.80
40 Guardian Life Insurance Co. of America New York 19,545,291 19,493,384 0.27
41 GE Life and Annuity Assurance Co. Richmond 18,888,319 21,159,202 -10.73
42 Security Life of Denver Insurance Co. Atlanta 17,945,916 12,583,852 42.61
43 Safeco Life Insurance Co. Seattle 17,648,811 16,920,649 4.30
44 Reliastar Life Insurance Co. Atlanta 17,574,310 11,780,229 49.18
45 Kemper Investors Life Insurance Co. Schaumburg, Ill. 17,566,938 17,069,597 2.91
46 Monumental Life Insurance Co. Baltimore 17,398,866 17,637,830 -1.35
47 Pruco Life Insurance Co. Newark, N.J. 17,232,756 18,349,458 -6.09
48 Golden American Life Insurance Co. Atlanta 16,506,157 13,341,351 23.72
49 Keyport Life Insurance Co. Wellesley Hills, Mass. 16,104,378 16,948,971 -4.98
50 Phoenix Life Insurance Co. Enfield, Conn. 16,103,186 16,716,457 -3.67
51 Minnesota Mutual Life Insurance Co. St. Paul 16,075,242 16,146,429 -0.44
52 Protective Life Insurance Co. Birmingham, Ala. 14,307,140 12,419,956 15.19
53 Allmerica Financial Life and Annuity Worcester, Mass. 13,590,801 15,878,963 -14.41
54 AIG Life Insurance Co. Houston 13,352,803 13,409,711 -0.42
55 First Colony Life Insurance Co. Richmond 13,329,727 12,771,621 4.37
56 Peoples Benefit Life Insurance Co. Cedar Rapids, Iowa 13,046,471 13,830,223 -5.67
57 Jefferson Pilot Life Insurance Co. Greensboro, N.C. 13,020,701 11,448,068 13.74
58 Merrill Lynch Life Insurance Co. Pennington, N.J. 12,678,382 14,970,396 -15.31
59 Travelers Life and Annuity Co. Hartford, Conn. 12,502,189 11,779,410 6.14
60 General American Life Insurance Co. Tampa 12,285,398 11,767,693 4.40
61 AUSA Life Insurance Co. Inc. Purchase, N.Y. 12,057,358 12,001,725 0.46
62 United of Omaha Life Insurance Co. 11,875,539 11,532,641 2.97
63 Jefferson Pilot Financial Insurance Co. Greensboro, N.C. 11,620,156 11,945,091 -2.72
64 Mony Life Insurance Co. New York 11,208,264 11,536,216 -2.84
65 Unum Life Insurance Co. of America Portland, Maine 10,982,351 8,433,381 30.22
66 Life Investors Insurance Co. of America Cedar Rapids, Iowa 10,641,485 10,187,679 4.45
67 John Hancock Variable Life Insurance Co. Boston 10,129,624 10,202,218 -0.71
68 Reassure America Life Insurance Co. Jacksonville, Ill. 9,939,930 8,027,469 23.82
69 Mutual of America Life Insurance Co. New York 9,929,247 10,395,017 -4.48
70 Fidelity Investments Life Insurance Co. Boston 9,712,754 12,060,828 -19.47
71 Swiss Re Life and Health America Inc. Armonk, N.Y. 9,214,584 8,248,780 11.71
72 American United Life Insurance Co. Indianapolis 9,117,846 9,853,874 -7.47
73 USAA Life Insurance Co. San Antonio 8,774,353 7,915,259 10.85
74 Midland National Life Insurance Co. Sioux Falls, S.D. 8,568,208 6,098,863 40.49
75 Provident Life and Accident Insurance Chattanooga, Tenn. 8,556,790 8,716,854 -1.84
76 American General Life and Accident Insurance Nashville 8,439,897 8,438,704 0.01
77 Guardian Insurance and Annuity Co. Inc. New York 8,431,556 9,373,418 -10.05
78 Continental Assurance Co. Chicago 8,322,451 9,121,555 -8.76
79 Sun Life Assurance Co. of Canada Wellesley Hills, Mass. 8,284,224 7,969,285 3.95
80 American National Insurance Co. Galveston, Tex. 8,059,065 7,354,859 9.57
81 Hartford Life and Accident Insurance Conn. 8,053,890 7,992,899 0.76
82 American International Life Assurance Co. New York 7,962,836 7,175,594 10.97
83 Ohio National Life Insurance Co. Cincinnati 7,932,982 7,031,564 12.82
84 USG Annuity and Life Co. Atlanta 7,795,223 7,215,526 8.03
85 Western and Southern Life Insurance Co. Cincinnati 7,692,594 7,696,709 -0.05
86 Western Reserve Life Assurance Co. of Ohio Clearwater, Fla. 7,674,381 8,752,324 -12.32
87 American Enterprise Life Insurance Co. Minneapolis 7,624,057 5,048,420 51.02
88 American Investors Life Insurance Co. Des Moines 7,557,970 4,457,351 69.56
89 Fidelity and Guaranty Life Insurance Co. Baltimore 7,464,816 5,706,559 30.81
90 Western Southern Life Assurance Co. Cincinnati 7,438,910 5,742,366 29.54
91 Standard Insurance Co. Portland, Ore. 7,344,626 6,109,425 20.22
92 Fortis Benefits Insurance Co. Kansas City, Mo. 7,321,548 8,487,643 -13.74
93 RGA Reinsurance Co. Chesterfield, Mo. 7,305,164 5,760,814 26.81
94 Southern Farm Bureau Life Insurance Jackson, Miss. 7,247,446 6,712,787 7.96
95 Penn Mutual Life Insurance Co. Philadelphia 6,979,314 7,208,917 -3.18
96 Security Benefit Life Insurance Co. Topeka, Kan. 6,944,472 7,173,741 -3.20
97 Nationwide Life and Annuity Insurance Co. Columbus, Ohio 6,853,098 5,535,196 23.81
98 Liberty Life Assurance Co. of Boston Dover, N.H. 6,725,357 6,659,206 0.99
99 New England Life Insurance Co. Tampa 6,665,130 6,686,814 -0.32
100 Equitable Life Insurance Co. of Iowa Atlanta 6,586,417 6,503,499 1.27
101 AGC Life Insurance Co. Nashville 6,499,187 5,183,753 25.38
102 National Life Insurance Co. Montpelier, Vt. 6,495,507 6,313,719 2.88
103 Great American Life Insurance Co. Cincinnati 6,389,400 6,022,531 6.09
104 Metropolitan Insurance and Annuity Co. Tampa 6,333,455 5,300,929 19.48
105 CM Life Insurance Co. Springfield, Mass. 6,108,592 5,258,082 16.18
106 Farmers New World Life Insurance Co. Mercer Island, Wash. 6,049,235 5,628,027 7.48
107 Nationwide Life Insurance Co. of America Valley Forge, Pa. 6,024,316 6,703,925 -10.14
108 ING Life Insurance Co. of America Atlanta 5,967,172 4,571,531 30.53
109 Conseco Annuity Assurance Co. Carmel, Ind. 5,937,396 7,965,598 -25.46
110 Bankers Life and Casualty Co. Chicago 5,865,337 5,982,796 -1.96
111 Union Central Life Insurance Co. Cincinnati 5,797,837 5,606,668 3.41
112 MetLife Investors USA Insurance Co. Tampa 5,770,059 4,409,261 30.86
113 Employers Reassurance Corp. Overland Park, Kan. 5,653,158 5,352,293 5.62
114 CUNA Mutual Life Insurance Co. Waverly, Iowa 5,616,180 5,386,351 4.27
115 American Equity Invest Life Insurance Co. Des Moines 5,430,919 3,949,357 37.51
116 Amerus Life Insurance Co. Des Moines 5,310,558 4,616,848 15.03
117 Northbrook Life Insurance Co. Ill. 5,000,932 6,352,088 -21.27
118 Mony Life Insurance Co. of America New York 4,993,551 5,233,504 -4.58
119 Paul Revere Life Insurance Co. Chattanooga, Tenn. 4,976,412 5,162,564 -3.61
120 MetLife Investors Life Insurance Co. Tampa 4,915,768 4,752,557 3.43
121 First Allmerica Finance Life Insurance Co. Worcester, Mass. 4,843,041 6,502,948 -25.53
122 Life Insurance Co. of North America Philadelphia 4,813,707 5,124,209 -6.06
123 United Healthcare Insurance Co. Hartford, Conn. 4,723,509 4,202,803 12.39
124 Primerica Life Insurance Co. Duluth, Ga. 4,674,482 4,546,919 2.81
125 Canada Life Assurance Co. Atlanta 4,558,001 4,276,284 6.59
126 Farm Bureau Life Insurance Co. West Des Moines, Iowa 4,458,897 4,175,544 6.79
127 Allstate Life Insurance Co. of New York Farmingville 4,361,166 3,662,977 19.06
128 Country Life Insurance Co. Bloomington, Ill. 4,265,879 4,168,599 2.33
129 Conseco Life Insurance Co. Carmel, Ind. 4,252,843 4,642,083 -8.39
130 Health Care Services Corp. Chicago 4,160,997 3,593,231 15.80
131 Presidential Life Insurance Co. Nyack, N.Y. 4,128,341 3,504,787 17.79
132 GE Capital Life Assurance Co. of New York Mineola 4,108,839 3,441,280 19.40
133 PHL Variable Insurance Co. Enfield, Conn. 4,079,795 2,550,012 59.99
134 Liberty National Life Insurance Co. Birmingham, Ala. 3,890,933 3,737,961 4.09
135 MML Bay State Life Insurance Co. Springfield, Mass. 3,872,150 3,870,096 0.05
136 Aurora National Life Assurance Co. Wethersfield, Conn. 3,847,565 3,935,008 -2.22
137 Mutual of Omaha Insurance Co. 3,704,117 3,590,037 3.18
138 National Western Life Insurance Co. Austin 3,690,231 3,426,974 7.68
139 Aviva Life Insurance Co. North Quincy, Mass. 3,644,598 2,862,224 27.33
140 Integrity Life Insurance Co. Louisville 3,632,430 3,394,926 7.00
141 Horace Mann Life Insurance Co. Springfield, Ill. 3,407,018 3,497,366 -2.58
142 Lutheran Brotherhood Variable Insurance Products Co. Minneapolis 3,403,717 4,284,285 -20.55
143 Clarica Life Insurance Co. Fargo, N.D. 3,296,962 2,440,742 35.08
144 United States Life Insurance Co. in New York City Neptune, N.J. 3,250,131 2,268,910 43.25
145 Union Labor Life Insurance Co. Washington 3,063,703 2,925,875 4.71
146 Forethought Life Insurance Co. Batesville, Ind. 3,061,857 2,851,357 7.38
147 Brooke Life Insurance Co. Lansing, Mich. 3,028,367 2,552,660 18.64
148 Southland Life Insurance Co. Atlanta 3,016,031 2,930,185 2.93
149 North American Co. Life and Health Insurance Sioux Falls, S.D. 3,015,522 1,910,671 57.83
150 CNA Group Life Assurance Co. Chicago 2,968,339 2,465,070 20.42

Source: Thomson Financial Insurance Solutions

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