Top U.S. Individual Life, Accident, and Health Insurance Companies

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Top U.S. Individual Life, Accident, and Health Insurance Companies
Top U.S. Individual Life, Accident, and Health Insurance Companies

By net admitted assets as of Sept. 30, 2001; dollars in thousands
Published February 28, 2002

Rank 

Net admitted assets 

 

Sept. 30, 2001 

Year
earlier 

Change 

1 Prudential Insurance Co. of America Newark, N.J. $192,771,302 $199,880,585 -3.56%
2 Metropolitan Life Insurance Co. Tampa 182,926,604 186,573,627 -1.95
3 Teachers Insurance and Annuity Assn. of America New York 127,420,520 118,228,238 7.78
4 Northwestern Mutual Life Insurance Milwaukee 99,695,244 93,721,112 6.37
5 Equitable Life Assurance Society of the U.S. New York 81,642,912 94,236,621 -13.36
6 Hartford Life Insurance Co. Conn. 80,797,379 85,417,863 -5.41
7 New York Life Insurance Co. 77,988,938 69,097,670 12.87
8 Nationwide Life Insurance Co. Columbus, Ohio 75,845,575 90,651,460 -16.33
9 Principal Life Insurance Co. Des Moines 72,769,283 76,174,505 -4.47
10 Massachusetts Mutual Life Insurance Springfield 68,034,092 66,812,115 1.83
11 Lincoln National Life Insurance Co. Fort Wayne, Ind. 67,733,969 79,953,083 -15.28
12 Connecticut General Life Insurance Philadelphia 66,754,477 71,186,662 -6.23
13 John Hancock Mutual Life Insurance Boston 63,237,600 60,900,962 3.84
14 Travelers Insurance Co. Hartford, Conn. 50,989,989 49,101,481 3.85
15 Pacific Life Insurance Co. Newport Beach, Calif. 50,208,714 52,153,029 -3.73
16 Aetna Life Insurance and Annuity Co. Hartford, Conn. 44,607,297 51,838,534 -13.95
17 Allstate Life Insurance Co. Northbrook, Ill. 43,298,005 38,353,774 12.89
18 Variable Annuity Life Insurance Co. Houston 42,708,266 48,083,027 -11.18
19 IDS Life Insurance Co. Minneapolis 42,410,650 54,104,238 -21.61
20 Jackson National Life Insurance Co. Lansing. Mich. 42,391,171 41,104,427 3.13
21 Hartford Life and Annuity Insurance Co. Hartford, Conn. 41,747,830 49,482,025 -15.63
22 New York Life Insurance and Annuity Co. 33,364,769 30,428,966 9.65
23 Sunamerica Life Insurance Co. Los Angeles 32,168,291 25,966,923 23.88
24 American Family Life Assurance Co. Columbus Columbus, Ga. 32,140,023 31,399,029 2.36
25 State Farm Life Insurance Co. Bloomington, Ill. 29,632,301 27,974,080 5.93
26 American Life Insurance Co. Wilmington, Del. 28,211,806 28,550,613 -1.19
27 Manufacturers Life Insurance Co. USA Buffalo, N.Y. 27,935,826 28,533,960 -2.1
28 Aetna Life Insurance Co. Hartford, Conn. 27,887,500 31,783,506 -12.26
29 Great West Life and Annuity Insurance Greenwood Village, Colo. 26,431,567 27,268,586 -3.07
30 American General Annuity Insurance Co. Amarillo, Tex. 25,316,116 19,888,222 27.29
31 General Electric Capital Assurance Co. Richmond, Va. 24,741,473 19,770,027 25.15
32 American Skandia Life Assurance Corp. Shelton, Conn. 24,372,186 33,341,717 -26.9
33 Transamerica Occidental LLC Los Angeles 24,039,529 23,873,165 0.7
34 Anchor National Life Insurance Co. Los Angeles 23,339,735 27,240,103 -14.32
35 Transamerica Life Insurance and Annuity Los Angeles 21,921,436 20,754,240 5.62
36 Guardian Life Insurance Co. of America New York 19,804,432 18,162,268 9.04
37 GE Life and Annuity Assurance Co. Richmond, Va. 19,622,227 21,787,818 -9.94
38 Transamerica Life Insurance Co. Cedar Rapids, Iowa 19,166,339 13,265,124 44.49
39 Sun Life Assurance Co. of Canada (U.S.) Wellesley Hills, Mass. 19,148,632 22,274,224 -14.03
40 Monumental Life Insurance Co. Baltimore 17,905,794 19,211,148 -6.79
41 Pruco Life Insurance Co. Newark, N.J. 17,298,333 19,947,685 -13.28
42 Keyport Life Insurance Co. Boston 16,663,161 17,473,432 -4.64
43 Safeco Life Insurance Co. Seattle 16,596,271 16,813,046 -1.29
44 Phoenix Home Life Mutual Insurance Enfield, Conn. 16,307,861 18,093,825 -9.87
45 Minnesota Mutual Life Insurance Co. St. Paul 15,666,017 17,791,432 -11.95
46 Kemper Investors Life Insurance Co. Schaumburg, Ill. 15,587,581 15,156,855 2.84
47 Allianz Life Insurance Co. of North America Minneapolis 14,870,092 11,602,635 28.16
48 Allmerica Financial Life and Annuity Worcester, Mass. 14,599,524 17,396,641 -16.08
49 Merrill Lynch Life Insurance Co. Princeton, N.J. 14,157,890 16,977,949 -16.61
50 Manufacturers Life Insurance Co. of N. America Boston 13,205,757 16,791,227 -21.35
51 Protective Life Insurance Co. Birmingham, Ala. 12,896,897 10,126,433 27.36
52 Peoples Benefit Life Insurance Co. Cedar Rapids, Iowa 12,792,401 13,762,250 -7.05
53 First Colony Life Insurance Co. Richmond, Va. 12,768,209 11,928,441 7.04
54 AIG Life Insurance Co. Wilmington, Del. 12,638,075 10,585,110 19.39
55 Security Life of Denver Insurance Co. 12,401,980 8,089,365 53.31
56 AUSA Life Insurance Co. Inc. Purchase, N.Y. 11,829,797 11,832,049 -0.02
57 Jefferson Pilot Financial Insurance Co. Greensboro, N.C. 11,822,854 12,564,857 -5.91
58 General American Life Insurance Co. Tampa 11,550,593 12,049,070 -4.14
59 ReliaStar Life Insurance Co. Minneapolis 11,394,325 11,891,336 -4.18
60 Mony Life Insurance Co. New York 11,387,277 12,242,299 -6.98
61 United of Omaha Life Insurance Co. 11,277,019 11,036,201 2.18
62 Jefferson-Pilot Life Insurance Co. Greensboro, N.C. 11,041,937 9,641,739 14.52
63 Golden American Life Insurance Co. West Chester, Pa. 10,997,664 11,127,813 -1.17
64 Fidelity Investments Life Insurance Co. Boston 10,935,619 15,321,473 -28.63
65 American General Life Insurance Co. Houston 10,844,417 10,468,796 3.59
66 Travelers Life and Annuity Co. Hartford, Conn. 10,437,529 9,554,336 9.24
67 Mutual of America Life Insurance Co. New York 10,096,894 10,039,932 0.57
68 Continental Assurance Co. Chicago 9,555,170 10,590,095 -9.77
69 American United Life Insurance Co. Indianapolis 9,407,081 9,859,660 -4.59
70 John Hancock Variable Life Insurance Co. Boston 9,198,566 11,185,853 -17.77
71 Provident Life and Accident Insurance Chattanooga, Tenn. 8,742,105 7,806,236 11.99
72 Guardian Insurance and Annuity Co. Inc New York 8,717,950 12,275,617 -28.98
73 Unum Life Insurance Co. of America Portland, Maine 8,643,349 8,423,518 2.61
74 American General Life and Accident Insurance Co. Nashville 8,635,955 8,651,831 -0.18
75 Fortis Benefits Insurance Co. Kansas City, Mo. 8,522,062 9,627,332 -11.48
Rank 

Net admitted assets 

 

Sept. 30, 2001 

Year earlier 

Change 

76 USAA Life Insurance Co. San Antonio, Tex. $7,880,977 $7,102,442 10.96%
77 Life Investors Insurance Co. of America Cedar Rapids, Iowa 7,850,094 7,518,602 4.41
78 Western Reserve Life Assurance Co. of Ohio Clearwater, Fla. 7,832,889 12,979,672 -39.65
79 Sun Life Assurance Co. of Canada Wellesley Hills, Mass. 7,764,425 7,837,794 -0.94
80 Swiss Re Life and Health America Inc Stamford, Conn. 7,685,674 3,884,115 97.87
81 Conseco Annuity Assurance Co. Carmel, Ind. 7,656,525 7,676,557 -0.26
82 Hartford Life and Accident Insurance Hartford, Conn. 7,652,179 6,816,976 12.25
83 Reassure America Life Insurance Co. Jacksonville, Ill. 7,483,364 6,783,220 10.32
84 Western and Southern Life Insurance Co. Cincinnati, Ohio 7,450,313 7,428,078 0.3
85 American National Insurance Co. Galveston, Tex. 7,310,331 7,234,543 1.05
86 Northern Life Insurance Co. Seattle 7,249,978 7,320,386 -0.96
87 USG Annuity and Life Co. Des Moines 7,110,329 7,179,043 -0.96
88 Penn Mutual Life Insurance Co. Philadelphia 7,041,049 7,605,451 -7.42
89 American International Life Assurance Co. N.Y. New York 6,914,264 6,408,256 7.9
90 Liberty Life Assurance Co. of Boston Dover, N.H. 6,697,372 5,984,350 11.91
91 Security Benefit Life Insurance Co. Topeka, Kan. 6,668,128 7,940,341 -16.02
92 First Allmerica Finance Life Insurance Co. Worcester, Mass. 6,587,884 8,149,661 -19.16
93 Southern Farm Bureau Life Insurance Jackson, Miss. 6,547,260 6,208,910 5.45
94 Ohio National Life Insurance Co. Cincinnati 6,525,464 6,260,172 4.24
95 Equitable Life Insurance Co. of Iowa Des Moines 6,485,514 5,978,604 8.48
96 Provident Mutual Life Insurance Co. Valley Forge, Pa. 6,325,573 6,820,841 -7.26
97 National Life Insurance Co. Montpelier, Vt. 6,150,540 6,211,263 -0.98
98 New England Life Insurance Co. Tampa 6,032,218 6,296,254 -4.19
99 Northbrook Life Insurance Co. Northbrook, Ill. 6,015,840 8,173,071 -26.39
100 Great American Life Insurance Co. Cincinnati 5,990,466 5,840,033 2.58
101 Franklin Life Insurance Co. Springfield, Ill. 5,985,788 6,265,687 -4.47
102 Standard Insurance Co. Portland, Ore. 5,917,526 6,045,842 -2.12
103 Fidelity and Guaranty Life Insurance Co. Baltimore 5,601,107 4,825,738 16.07
104 Bankers Life and Casualty Co. Carmel, Ind. 5,497,813 4,955,388 10.95
105 Union Central Life Insurance Co. Cincinnati 5,423,944 5,660,555 -4.18
106 Farmers New World Life Insurance Co. Mercer Island, Wash. 5,383,702 5,031,930 6.99
107 RGA Reinsurance Co. Chesterfield, Mo. 5,268,443 4,486,810 17.42
108 Western Southern Life Assurance Co. Cincinnati, Ohio 5,188,835 4,559,524 13.8
109 Midland National Life Insurance Co. Sioux Falls, S.D. 5,172,422 4,050,956 27.68
110 CUNA Mutual Life Insurance Co. Waverly, Iowa 5,062,961 5,194,788 -2.54
111 Paul Revere Life Insurance Co. Chattanooga, Tenn. 5,059,543 5,527,779 -8.47
112 AGC Life Insurance Co. Nashville 4,937,775 4,398,812 12.25
113 Life Insurance Co. of North America Philadelphia 4,931,589 5,274,533 -6.5
114 Nationwide Life and Annuity Insurance Co. Columbus, Ohio 4,881,486 3,918,898 24.56
115 Mony Life Insurance Co. of America New York 4,761,079 5,591,782 -14.86
116 CM Life Insurance Co. Springfield, Mass. 4,587,359 4,486,881 2.24
117 American Enterprise Life Insurance Co. Minneapolis 4,574,578 4,533,371 0.91
118 Amerus Life Insurance Co. Des Moines 4,560,404 4,415,361 3.28
119 Metropolitan Insurance and Annuity Co. Tampa 4,530,845 4,415,841 2.6
120 Primerica Life Insurance Co. Duluth, Ga. 4,473,220 4,123,716 8.48
121 Metlife Investors Life Insurance Co. Tampa 4,362,266 4,646,660 -6.12
122 Employers Reassurance Corp. Overland Park, Kan. 4,351,053 4,088,636 6.42
123 Aetna Life Insurance Co. of America Hartford, Conn. 4,229,004 2,995,148 41.2
124 Canada Life Assurance Co. Atlanta, Ga. 4,214,693 4,064,129 3.7
125 American Investors Life Insurance Co. Topeka, Kansas 4,194,587 3,509,838 19.51
126 Country Life Insurance Co. Bloomington, Ill. 4,102,406 3,997,514 2.62
127 Farm Bureau Life Insurance Co. West Des Moines, Iowa 4,076,412 3,365,797 21.11
128 United Healthcare Insurance Co. Hartford, Conn. 4,060,750 3,583,262 13.33
129 Metlife Investors Usa Insurance Co. Newport Beach, Calif. 4,027,108 4,385,155 -8.16
130 Lutheran Brotherhood Variable Insurance Products Co. Minneapolis 4,005,204 5,624,013 -28.78
131 Aurora National Life Assurance Co. Wethersfield, Conn. 3,992,365 4,094,885 -2.5
132 MML Bay State Life Insurance Co. Springfield, Mass. 3,778,770 3,495,836 8.09
133 First Columbine Life Insurance Co. Denver 3,760,805 3,681,547 2.15
134 American Equity Invest Life Insurance Co. Des Moines 3,711,124 2,001,482 85.42
135 Liberty National Life Insurance Co. Birmingham, Ala. 3,659,377 3,500,695 4.53
136 Mutual of Omaha Insurance Co. 3,605,505 3,341,470 7.9
137 Horace Mann Life Insurance Co. Springfield, Ill. 3,600,259 3,439,869 4.66
138 Health Care Service Corp. Chicago 3,537,794 3,129,319 13.05
139 Allstate Life Insurance Co. of N.Y. Farmingville 3,508,720 3,075,661 14.08
140 Conseco Life Insurance Co. Carmel, Ind. 3,508,627 3,521,137 -0.36
141 National Western Life Insurance Co. Austin, Tex. 3,433,225 3,351,054 2.45
142 United Investors Life Insurance Co. Birmingham, Ala. 3,410,205 4,885,010 -30.19
143 GE Capital Life Assurance Co. of N.Y. 3,291,607 2,560,726 28.54
144 Integrity Life Insurance Co. Louisville, Ky. 3,241,545 3,400,427 -4.67
145 Presidential Life Insurance Co. Nyack, N.Y. 3,188,830 2,757,743 15.63
146 Conseco Variable Insurance Co. Carmel, Ind. 3,087,835 3,718,208 -16.95
147 Combined Insurance Co. of America Glenview, Ill. 3,051,585 3,332,043 -8.42
148 Hartford International Life Reassurance Corp. Conn. 2,988,879 3,055,086 -2.17
149 ERC Life Reinsurance Corp. Overland Park, Kan. 2,898,786 2,994,548 -3.2
150 Union Labor Life Insurance Co. D.C. 2,865,767 2,923,293 -1.97

©2002 American Banker
Source: Thomson Financial Sheshunoff Information Services (www.sheshunoff.com)