MetLife retains its top spot among top-tier life insurers increasing its direct written premiums by 0.25 percent through the first half of 2013, according to SNL Financial.
In its Q2 rankings, SNL noted that life premiums, comprising ordinary and group life, are concentrated among a small number of companies, with 50.2 percent of premiums written by the 10 largest top-tier insurance entities. SNL groups MetLife, Northwestern Mutual, Prudential Financial and New York Life account for almost one-third (31.4 percent) of all life premiums.
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