20 life insurance companies with the largest market share

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As of March 27, 2023, the top five insurance companies had an average market share of 6.08%.

The combined direct premiums written by the top five was more than $58 billion.

Scroll below to see which companies made the top 20 and how they fared at the end of March 2023.

Source: National Association of Insurance Commissioners

Digital Insurance_insurance firms with largest market share_Primerica_20.jpg
Digital Insurance_insurance firms with largest market share_Equitable Holdings_19.jpg
Digital Insurance_insurance firms with largest market share_ Globe Life_18.jpg
Digital Insurance_insurance firms with largest market share_Mutual of Omaha_17.jpg
Digital Insurance_insurance firms with largest market share_Sammons Enterprises_16.jpg
Digital Insurance_insurance firms with largest market share_American International Group_15.jpg
Digital Insurance_insurance firms with largest market share_Dai-ichi Life Holdings_14.jpg
Digital Insurance_insurance firms with largest market share_Pacific Life_13.jpg
Digital Insurance_insurance firms with largest market share_Guardian Life_12.jpg
Digital Insurance_insurance firms with largest market share_John Hancock_11.jpg
Digital Insurance_insurance firms with largest market share_Aegon Group_10.jpg
Digital Insurance_insurance firms with largest market share_Minnesota Mutual_9.jpg
Digital Insurance_insurance firms with largest market share_State Farm_8.jpg
Digital Insurance_insurance firms with largest market share_Nationwide_7.jpg
Digital Insurance_insurance firms with largest market share_Lincoln Financial_6.jpg
Digital Insurance_insurance firms with largest market share_MassMutual_5.jpg
Digital Insurance_insurance firms with largest market share_Prudential Financial_4.jpg
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Digital Insurance_insurance firms with largest market share_Northwestern Mutual_1.jpg