Top 150 U.S. Life, Accident, and Health Insurers by Size of Securities Portfolio

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Top 150 U.S. Life, Accident, and Health Insurers by Size of Securities Portfolio
Top 150 U.S. Life, Accident, and Health Insurers by
Size of Securities Portfolio
Stocks and bonds at book value as of Dec. 31, 2000; dollars in thousands* - Published August 23, 2001

Rank  Company

Dec. '00 

Year earlier 

Change 

1 Metropolitan Life Tampa, Fla. $101,096,845 $93,209,945 8.46%
2 Teachers Insurance and Annuity Association New York 86,821,954 80,658,574 7.64
3 Prudential of America Newark, N.J. 86,742,867 85,869,064 1.02
4 Aegon USA Inc . Cedar Rapids, Iowa 66,782,223 62,102,611 7.54
5 American General Houston 65,952,930 63,805,768 3.37
6 New York Life New York 60,110,273 58,425,632 2.88
7 General Electric Insurance Seattle 46,277,879 43,302,138 6.87
8 Northwestern Mutual Milwaukee 45,514,211 42,000,957 8.36
9 American International Group Wilmington, Del. 35,241,964 30,510,254 15.51
10 John Hancock Boston 31,375,274 30,186,741 3.94
11 Allstate Insurance Northbrook, Ill. 29,980,183 27,050,388 10.83
12 American Family Corp. Columbus, Ga. 28,679,721 28,298,086 1.35
13 Jackson National Lansing, Mich. 28,540,364 27,838,762 2.52
14 Mass Mutual Life Insurance Co. Springfield, Mass. 28,085,333 26,872,238 4.51
15 Principal Life Insurance Co. Des Moines 27,934,089 25,638,230 8.95
16 Citigroup Hartford, Conn. 26,332,893 24,670,301 6.74
17 Lincoln National Fort Wayne, Ind. 25,986,721 26,969,635 -3.64
18 Aetna Life and Casualty Hartford, Conn. 25,246,992 26,592,914 -5.06
19 Conseco Carmel, Ind. 23,590,820 24,345,568 -3.1
20 Equitable Life NY New York 22,679,429 25,362,808 -10.58
21 State Farm Bloomington, Ill. 21,834,241 20,807,161 4.94
22 Provident Life Chattanooga, Tenn. 20,687,803 21,075,810 -1.84
23 IDS Life Minneapolis 19,153,655 20,618,221 -7.1
24 Cigna Hartford, Conn. 19,083,593 18,138,085 5.21
25 Hartford Fire and Casualty Hartford Plaza, Conn. 16,286,835 15,268,623 6.67
26 Jefferson-Pilot Greensboro, N.C. 16,031,133 14,391,285 11.39
27 Nationwide Corp. Columbus, Ohio 15,344,649 16,210,112 -5.34
28 Pacific Mutual Life Newport Beach, Calif. 15,258,888 15,521,066 -1.69
29 Guardian Life Insurance New York 15,000,585 13,844,048 8.35
30 Liberty Mutual Insurance Boston 13,989,420 13,532,866 3.37
31 Reliastar Life Insurance Minneapolis 12,845,305 12,291,110 4.51
32 Swiss Reinsurance New York 12,495,441 3,971,638 214.62
33 Safeco Insurance Seattle 12,465,769 12,841,257 -2.92
34 Great West Life Assurance Englewood, Colo. 11,350,516 10,523,204 7.86
35 Western Southern Life Cincinnati, Ohio 11,319,197 8,487,596 33.36
36 Manulife Financial Buffalo 11,078,747 11,088,840 -0.09
37 American Life Insurance Co. Wilmington, Del. 11,050,408 10,032,514 10.15
38 Phoenix Companies Enfield, Conn. 10,080,958 9,560,358 5.45
39 Mutual of Omaha Omaha 9,912,928 10,026,509 -1.13
40 Netherlands Insurance Atlanta 8,366,122 6,590,308 26.95
41 Amerus Life Insurance Des Moines 8,181,149 7,983,295 2.48
42 Zurich American Insurance Long Grove, Ill. 7,915,023 6,482,600 22.1
43 Time Insurance New York 7,514,861 7,099,819 5.85
44 Equitable of Iowa Des Moines 6,940,565 7,088,010 -2.08
45 Mony New York 6,868,235 7,064,177 -2.77
46 Protective Life Insurance Birmingham, Ala. 6,660,728 6,103,686 9.13
47 Liberty National Birmingham, Ala. 6,421,077 6,045,431 6.21
48 Great American Life Insurance Cincinatti 6,412,098 6,069,963 5.64
49 Allianz Insurance Minneapolis 6,380,436 2,859,636 123.12
50 USAA San Antonio 6,326,011 6,443,301 -1.82
51 Sun Life Assured US Wellesley Hills, Mass. 6,300,869 5,967,445 5.59
52 Minnesota Mutual St Paul 6,116,502 6,518,713 -6.17
53 CNA Insurance Chicago 5,769,074 5,893,701 -2.11
54 Midland National Life Insurance Sioux Falls, S.D. 5,381,384 4,425,269 21.61
55 National Life Insurance Dallas 5,271,516 5,272,434 -0.02
56 Penn Mutual Philadelphia 4,758,357 4,874,887 -2.39
57 America Group Worcester, Mass. 4,686,375 3,988,442 17.5
58 US Fidelity and Guaranty Baltimore 4,641,437 4,042,025 14.83
59 Southern Farm Jackson, Miss. 4,362,347 4,207,809 3.67
60 Mutual of America New York 4,285,426 5,187,727 -17.39
61 Indianapolis Life Companies Indianapolis, Ind. 4,159,936 4,325,743 -3.83
62 American National Financial Galveston, Tex. 4,122,114 4,206,467 -2.01
63 American United Life Indianapolis 4,075,866 4,082,964 -0.17
64 Farmers Insurance Mercer Island, Wash. 3,960,316 3,979,483 -0.48
65 Canada Life Assurance Co. Atlanta 3,906,143 3,779,572 3.35
66 Country Companies Bloomington, Ill. 3,647,171 3,545,014 2.88
67 Ohio National Life Cincinnati 3,588,472 3,539,475 1.38
68 Aurora National Life Assurance Co. Wethersfield, Conn. 3,564,968 3,697,037 -3.57
69 First Columbine Life Insurance Co. Denver 3,120,630 3,069,912 1.65
70 Provident Mutual Valley Forge, Pa. 3,048,453 3,179,688 -4.13
71 Union Central Life Cincinnati 2,972,921 2,857,646 4.03
72 National Western Life Insurance Co. Austin, Tex. 2,957,061 2,940,191 0.57
73 United Healthcare Insurance Hartford, Conn. 2,748,406 2,231,734 23.15
74 Security Benefit Topeka, Kan. 2,734,420 2,825,130 -3.21
75 Union Central Life Insurance Co. Cincinnati $2,728,195 $2,622,840 4.02%
Rank  Company

Dec. '00 

Year earlier 

Change 

76 CU Life Boston 2,489,497 2,306,506 7.93
77 Combined Insurance Co. of America Chicago 2,488,887 2,749,469 -9.48
78 Standard Insurance Co. Portland, Ore. 2,488,712 2,318,500 7.34
79 Forethought Group Batesville, Ind. 2,467,061 2,264,576 8.94
80 Ameritas Life Insurance Corp. Lincoln, Neb. 2,455,121 1,126,693 117.91
81 Farm Bureau Life and Western West Des Moines 2,424,471 2,478,265 -2.17
82 United Insurance Group of America Chicago 2,373,118 2,406,090 -1.37
83 HCSC Chicago 2,277,402 1,831,813 24.33
84 Presidential Life Insurance Co. Nyack, N.Y. 2,270,707 2,033,449 11.67
85 Penncorp Raleigh, N.C. 2,245,456 3,747,900 -40.09
86 Kansas City Life Insurance Kansas City 2,107,441 2,258,023 -6.67
87 Financial Holding Kansas City 2,087,616 2,098,714 -0.53
88 Horace Mann Springfield, Ill. 2,079,498 2,052,196 1.33
89 Cuna Mutual Insurance Madison, Wis. 2,061,573 1,856,883 11.02
90 American Family Life Insurance Co. Madison, Wis. 2,028,674 1,966,421 3.17
91 Berkshire-Hathaway Group Omaha 1,923,755 1,858,203 3.53
92 American Equity Invest Life Insurance Co. Des Moines 1,922,380 1,434,344 34.03
93 Household Finance Corp. Farmington Hills, Mich. 1,812,081 1,715,666 5.62
94 Physicians Mutual Omaha 1,801,193 1,703,883 5.71
95 Beneficial Life Salt Lake City 1,780,132 1,707,492 4.25
96 Reliance Standard Life Philadelphia 1,683,503 1,233,898 36.44
97 London Pacific Life and Annuity Co. Raleigh, N.C. 1,569,765 1,344,823 16.73
98 Merrill Lynch Insurance Plainsboro, N.J. 1,560,652 1,628,667 -4.18
99 Banner Life Insurance Rockville, Md. 1,560,347 1,539,770 1.34
100 Cuna Mutual Life Insurance Co. Waverly, Iowa 1,535,877 1,565,748 -1.91
101 Munich American Reassurance Co. Atlanta 1,525,337 919,907 65.81
102 Irish Life of North America Oak Brook, Ill. 1,501,161 1,567,236 -4.22
103 Golden Rule Lawrenceville, Ill. 1,480,245 1,485,517 -0.35
104 Benefit Trust Life Ins. Lake Forest, Ill. 1,394,833 1,284,046 8.63
105 TMG Group Brookfield, Wis. 1,386,746 1,331,175 4.17
106 JC Penney Co. Plano, Tex. 1,380,376 1,402,357 -1.57
107 American Fidelity Warrington, Pa. 1,322,099 990,146 33.53
108 Wellpoint Insurance Van Nuys, Calif. 1,251,209 1,222,354 2.36
109 Business Mens Assurance Co. of America Kansas City, Mo. 1,246,445 1,333,725 -6.54
110 Savings Bank Life Insurance Co. of Mass. Woburn, Mass. 1,189,423 1,135,893 4.71
111 Sentry Insurance Stevens Point, Wis. 1,168,059 1,169,137 -0.09
112 Pan American Life New Orleans 1,158,823 1,143,888 1.31
113 Security Mutual Life Insurance Co. of N.Y. Binghamton, N.Y. 1,051,439 1,050,085 0.13
114 Emmco Dallas 976,560 900,741 8.42
115 United Farm Family Life Insurance Co. Indianapolis 970,181 966,614 0.37
116 Cologne Life Reinsurance Stamford, Conn. 938,437 890,816 5.35
117 Citicorp International Dover, Del. 936,090 955,162 -2
118 BC and BS of Fla. Jacksonville, Fla. 913,990 996,038 -8.24
119 American Bankers Life Assurance Co. Miami 897,250 855,652 4.86
120 Liberty Life Insurance Co. Greenville, S.C. 878,415 962,935 -8.78
121 Blue Cross and Blue Shield of Va. Richmond, Va. 876,907 1,137,286 -22.89
122 United Life Insurance Co. Cedar Rapids, Iowa 866,101 738,887 17.22
123 American Life Insurance Co. of N.Y. New York 858,799 1,143,938 -24.93
124 Universal Holding Corp. Brewster, N.Y. 846,357 854,193 -0.92
125 Lafayette Life Insurance Co. Lafayette, Ind. 837,152 644,510 29.89
126 National Guardian Life Insurance Madison, Wis. 826,436 665,044 24.27
127 Erie Family Life Insurance Co. Erie, Pa. 822,467 776,332 5.94
128 Cincinnati Life Insurance Co. Cincinnati 816,432 764,250 6.83
129 Humana Inc Consolidated Louisville, Ky. 809,534 773,701 4.63
130 Automible Owners Life Insurance Co. Lansing, Mich. 791,304 734,305 7.76
131 United Group of Companies Dallas 791,020 807,544 -2.05
132 Pierce National Life Insurance Co. Atlanta 766,117 765,364 0.1
133 Michigan Farm Bureau Lansing, Mich. 763,213 736,695 3.6
134 Standard Life Insurance Company of Indiana Indianapolis 743,993 643,388 15.64
135 Centurion Life Insurance Co. Des Moines 738,766 774,312 -4.59
136 Berkshire Life Insurance Co. Pittsfield, Mass. 737,202 699,112 5.45
137 Farm Family Life Insurance Co. Albany, N.Y. 670,113 667,355 0.41
138 Anthem Health Plans Inc. North Haven, Conn. 642,284 433,982 48
139 Woodmen Accident and Life Lincoln, Neb. 641,320 580,956 10.39
140 National Health Insurance Co. Dallas 633,524 625,923 1.21
141 Shenandoah Roanoke, Va. 622,196 604,517 2.92
142 Shelter Life Insurance Co. Columbia, Mo. 621,404 592,190 4.93
143 Baltimore Life Owings Mills, Md. 596,879 630,215 -5.29
144 IASD Health Des Moines 591,892 616,796 -4.04
145 Mutual Trust Life Insurance Co. Oak Brook, Ill. 590,803 618,871 -4.54
146 Hannover Life Reassurance Co. of America Orlando, Fla. 583,869 527,137 10.76
147 Federated Life Insurance Co. Owatonna, Minn. 571,524 558,965 2.25
148 Kansas Farm Bureau Life Insurance Co. Manhattan, Kan. 570,567 560,990 1.71
149 Tennessee Farmers Life Insurance Co. Columbia, Tenn. 569,708 536,197 6.25
150 Alfa Life Insurance Corp. Montgomery, Ala. 539,882 478,033 12.94

*Data from National Association of Insurance Commissioners annual statements for individual companies; consolidated by Standard & Poor's for groups.


Source: Thomson Financial /Sheshunoff Information Services (

www.sheshunoff.com
)

© 2001 American Banker