Four of the industry’s top life insurance writers experienced premium declines in the third quarter of 2012. However, other top writers’ gains offset these declines, and the industry comes out somewhat flat, according to a recent SNL Financial report and ranking.

The ranking includes both SNL groups and companies independent of a group and is based on ordinary (term insurance and all forms of permanent insurance) and group direct life premiums:

The ranking for life writers for the quarter ended September 30:

1. MetLife—$3.57 billion

2. Northwestern Mutual Life Insurance—$2.98 billion

3. Prudential Financial—$2.59 billion

4. New York Life Insurance Group—$2.25 billion

5. Manulife Financial Corp.—$1.44 billion

6. Massachusetts Mutual Life Insurance—$1.34 billion

7. Lincoln National Corp.—$1.33 billion

8. State Farm Mutual Automobile Insurance—$1.03 billion

9. AEGON NV—$1 billion

10. AXA—$975 million

Register or login for access to this item and much more

All Digital Insurance content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access