Leaders of the Pack.Net premiums written for the top 200 life/health and property/casualty insurers reflect a changing marketplace. The following statistical studies of the leading life/health and property/casualty insurers, based on net premiums written, take the pulse pulse, in anatomy pulse, alternate expansion and contraction of artery walls as heart action varies blood volume within the arteries. Artery walls are elastic. Hence they become distended by increased blood volume during systole, or contraction of the heart. of industry growth in 2000. As a group, the top 200 property/casualty insurers recorded a 5.8% increase to $286 billion. Their counterparts on the life/health side of the industry achieved an 11.1% increase to $558.8 billion. Life/Health The 11.1% increase in net premium written for the life/health industry is an improvement over the 8.7% increase in 1999 and a five-year compound annual growth rate in 1999 of 8%. Annuity annuity: see insurance. annuity Payment made at a fixed interval. A common example is the payment received by retirees from their pension plan. There are two main classes of annuities: annuities certain and contingent annuities. production peaked in the first half of 2000 and then began to slide, dropping off sharply in the fourth quarter. That trend continued into the first quarter of 2001. 2000 is the last year that companies had the option of including annuity deposits--or "deposit-type contracts"--in net premium written. New statutory accounting rules going into effect this year will require deposittype funds to be reported to be spoken of; to be mentioned, whether favorably or unfavorably. See also: Report as liabilities, not revenues. This is expected to result in a sharp decline in the net premium reported for 2001, but the practice will bring statutory reporting more in line with generally accepted accounting principles The standard accounting rules, regulations, and procedures used by companies in maintaining their financial records. Generally accepted accounting principles (GAAP) provide companies and accountants with a consistent set of guidelines that cover both broad accounting . Strong results in corporate-owned and bank-owned life insurance sales in 2000 helped offset the impact of the stock-market downturn Downturn The transition point between a rising, expanding economy to a falling, contracting one. downturn A decline in security prices or economic activity following a period of rising or stable prices or activity. on annuity sales. The fast pace of restructuring restructuring - The transformation from one representation form to another at the same relative abstraction level, while preserving the subject system's external behaviour (functionality and semantics). and merger-and-acquisition activity in recent years has significantly distorted statutory net premium numbers, particularly for some companies. That is because reinsurance The contract made between an insurance company and a third party to protect the insurance company from losses. The contract provides for the third party to pay for the loss sustained by the insurance company when the company makes a payment on the original contract. , assumed and ceded, is included in the net premium numbers, and many transactions are effected through reinsurance. In some cases, the ceded amount is not offset by the assumed amount and vice versa VICE VERSA. On the contrary; on opposite sides. . The effects of industry consolidation are seen in the changes in makeup makeup In the performing arts, material used by actors for cosmetic purposes and to help create the characters they play. Not needed in Greek and Roman theatre because of the use of masks, makeup was used in the religious plays of medieval Europe, in which the angels' faces of the top 10 life/health groups. * ING Group's purchase of ReliaStar Financial Corp., Aetna Aetna, volcano: see Etna, Italy. Financial Services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. and Aetna International propelled the Dutch financial-services giant from No. 22 to No. 2, based on net premiums written. * American International Group
American International Group, Inc. (AIG) (NYSE: AIG; TYO: 8685 ) is a major American insurance corporation based in New York City. moved from No. 8 to No. 3, its life operations continuing to benefit from its 1998 acquisition of SunAmerica. With its planned $23 billion acquisition of American American, river, 30 mi (48 km) long, rising in N central Calif. in the Sierra Nevada and flowing SW into the Sacramento River at Sacramento. The discovery of gold at Sutter's Mill (see Sutter, John Augustus) along the river in 1848 led to the California gold rush of General Corp., AIG AIG addressee indicator group (US DoD) AIG American International Group, Inc AiG Answers in Genesis (religious group in defense of Scripture) AIG Artificial Intelligence Group AIG Australian Industry Group is poised to grow even bigger. Property/Casualty The companies included in the top- top- pref. Variant of topo-. 10 list of the largest property/casualty insurers were the same in 2000 as the year before, but the order of the list changed. The four largest held their positions. Nationwide, which had been No. 5, dropped to No. 7 as Berkshire Hathaway Berkshire Hathaway (NYSE: BRKA, NYSE: BRKB) is a conglomerate holding company headquartered in Omaha, Nebraska, U.S., that oversees and manages a number of subsidiary companies. and Travelers/Gitigroup Cos. spurted ahead with a greater increase in business. Liberty Mutual and CNA (Certified NetWare Administrator) See Novell certification. Insurance Cos. also traded places. The property/casualty industry is expected to see continued rate firming in 2001, with the industrywide in·dus·try·wide adv. & adj. Throughout an entire industry: sales that have decreased industrywide; industrywide cooperation. combined ratio bottoming out at 110.7 for the year. Results for the full year 2000 were negatively affected as the prolonged pro·long tr.v. pro·longed, pro·long·ing, pro·longs 1. To lengthen in duration; protract. 2. To lengthen in extent. soft market continued to overshadow o·ver·shad·ow tr.v. o·ver·shad·owed, o·ver·shad·ow·ing, o·ver·shad·ows 1. To cast a shadow over; darken or obscure. 2. To make insignificant by comparison; dominate. the price firming that accelerated through the year. Unfavorable commercial reserve development, further erosion erosion (ĭrō`zhən), general term for the processes by which the surface of the earth is constantly being worn away. The principal agents are gravity, running water, near-shore waves, ice (mostly glaciers), and wind. of reinsurance results and weak personal auto results were key influences. The same issues that led to the prolonged soft market-market fragmentation (1) Storing data in non-contiguous areas on disk. As files are updated, new data are stored in available free space, which may not be contiguous. Fragmented files cause extra head movement, slowing disk accesses. A defragger program is used to rewrite and reorder all the files. , increased transparency (1) The quality of being able to see through a material. The terms transparency and translucency are often used synonymously; however, transparent would technically mean "seeing through clear glass," while translucent would mean "seeing through frosted glass." See alpha blending. , excess capital and too many players--continue to ensure that the industry's recovery will be moderate. The results indicate the following developments: * Commercial price increases, although accelerating in 2000, have begun to level off as back-to-back back-to-back adj. Consecutive; successive: back-to-back performances; back-to-back home runs. Adj. 1. annual rate increases begin to compound. * Medical cost inflation still is causing rate adequacy to be elusive. * Personal auto margins remain poor. * Reinsurance has not yet reported any good news from significant price increases and reduced catastrophe Catastrophe, from the Greek Καταστροφή (katastrephein), literally means "to turn" (strephein) "downwards" (kata-). losses.
Top 200 Property/Casualty Groups by Net Premiums Written--2000
The top 200 property/casualty groups on average reported a 5.8%
increase in net premiums written in 2000, just slightly ahead of the
industry as a whole. Rank is based on net premiums written.
($ Thousands)
Net Premiums Percent
Rank Insurer AMB# Written Change
1 State Farm Group 00088 $33,294,267 -2.7
2 Allstate Insurance Group 00008 21,622,807 3.7
3 Zurich/Farmers Group 18549 16,754,424 7.9
4 American International Grp Inc 18540 12,248,959 6.7
5 Berkshire Hathaway Ins Group 00811 10,404,398 16.8
6 Travelers/Citigroup Companies 18358 9,880,791 8.8
7 Nationwide Group 05987 9,464,958 3.4
8 Liberty Mutual Insurance Cos 00060 8,675,598 5.5
9 CNA Insurance Companies 18313 8,115,774 -2.6
10 Hartford Insurance Group 00048 6,872,643 8.4
11 Progressive Insurance Group 00780 6,202,345 1.5
12 USAA Group 04080 5,622,606 8.3
13 Chubb Group of Insurance Cos 00012 5,564,647 12.4
14 GE Capital Insurance Group 18550 4,892,871 8.9
15 St Paul Companies 00080 4,872,295 2.3
16 Safeco Insurance Companies 00078 4,527,685 1.1
17 CGU Group 18456 4,393,576 3.4
18 American Family Insurance Grp 00124 3,768,854 5.4
19 Anthem Group 18184 3,763,252 23.0
20 Allianz of America, Inc 18429 3,529,843 -5.4
21 Munich Reinsurance Group 04236 3,184,070 12.4
22 Royal & SunAlliance USA 18371 2,993,258 1.4
23 MetLife Auto and Home Group 18552 2,730,001 13.5
24 Kemper Insurance Companies 04427 2,702,091 11.2
25 Great American P&C Ins Group 04835 2,614,654 15.3
26 Erie Insurance Group 04283 2,349,872 8.3
27 Fairfax Financial (US) Group 03116 2,315,646 0.8
28 Auto-Owners Group 04354 2,299,345 14.2
29 Allmerica Prop & Casualty Cos 04861 2,157,246 8.4
30 Swiss Reinsurance Group 03262 2,125,465 34.9
31 GMAC Insurance Group 18431 2,013,214 9.4
32 Cincinnati Insurance Cos 04294 1,881,112 11.9
33 State Comp Ins Fund of CA 04028 1,789,807 44.7
34 Prudential of America Group 03905 1,735,492 -0.1
35 California State Auto Group 18460 1,650,626 2.5
36 Ace INA Group 18498 1,581,523 -17.7
37 Ohio Casualty Group 00726 1,505,393 -5.1
38 Winterthur Swiss Group 05658 1,421,252 12.9
39 W. R. Berkley Group 04655 1,395,794 3.4
40 Southern Farm Bureau Group 02962 1,355,623 -0.6
41 Automobile Club of S. Calif Gr 18515 1,333,131 6.3
42 Mercury General Group 04524 1,272,447 5.5
43 Sentry Insurance Group 00086 1,251,571 3.0
44 Old Republic General Group 00734 1,180,119 6.2
45 Auto Club Group 00312 1,098,443 1.8
46 Harleysville Insurance 03916 1,037,082 -3.6
47 Commerce Group Inc 02966 1,008,341 9.7
48 Westfield Group 00730 990,947 3.2
49 MLMIC Group 18439 979,692 98.9
50 Fremont General Group 03882 966,218 7.7
51 Assurant Group 18499 $965,924 -1.8
52 Country Insurance&Finan Srvcs 00302 954,926 2.5
53 Amica Mutual Group 18522 930,865 4.5
54 Unitrin Inc 05948 915,001 10.8
55 Federated Mutual Group 04284 912,351 13.5
56 Gerling Group 03912 899,879 6.1
57 Mortgage Guaranty Group 03014 894,553 13.4
58 FM Global Group 18502 874,733 9.6
59 EMC Insurance Companies 00346 856,924 11.1
60 New Jersey Manufacturers Group 03985 843,752 5.8
61 Selective Insurance Group Inc 03926 838,696 3.6
62 Shelter Insurance Companies 00598 833,466 4.0
63 Everest Reinsurance Group 05696 751,624 -33.1
64 Atlantic Mutual Companies 00178 738,291 14.5
65 Blue Cross/Blue Shield SC Grp 03006 733,634 18.6
66 State Auto Insurance Companies 00856 730,508 -1.6
67 Utica National Insurance Group 04202 660,208 8.8
68 Markel Corporation Group 18468 650,637 52.0
69 Arbella Insurance Group 18220 612,211 11.6
70 Grange Mutual Casualty Group 03917 597,658 4.5
71 Alfa Insurance Group 18412 570,848 4.3
72 Tennessee Farmers Ins Cos 18154 553,880 5.0
73 Radian Group 18150 544,090 20.4
74 PMA Capital Corporation 03888 534,782 -3.2
75 Aon Corporation Group 03341 518,930 0.3
76 Scor U S Group 03873 513,922 -29.0
77 Horace Mann Insurance Group 04934 493,363 -0.3
78 MBIA Group 03166 489,242 10.2
79 PMI Mortgage Group 03267 483,112 2.5
80 GuideOne Insurance 03918 474,184 -10.0
81 American Modern Insurance Grp 04086 471,336 7.2
82 Highlands Insurance Group Inc 18417 466,273 39.0
83 Main Street America Group 18355 442,415 9.4
84 American Natl Financial Group 02947 441,036 8.9
85 Kentucky Farm Bureau Group 03281 440,037 4.6
86 FCCI Group 18189 436,336 60.2
87 Ambac Financial Group 18449 408,772 5.7
88 North Carolina Farm Bureau Grp 18279 397,749 1.8
89 Penn National Insurance 00766 391,291 4.3
90 Safety Group 18080 378,855 32.5
91 PartnerRe US Group 18470 369,264 37.8
92 Frontier Insurance Group Inc 18400 358,393 -31.1
93 White Mountains Insurance Grp 18490 356,743 46.6
94 Zenith National Insurance Grp 03020 353,530 41.0
95 HDI U S Group 18492 352,277 8.6
96 United Farm Bureau of IN Group 04232 350,927 3.9
97 Georgia Farm Bureau Group 18071 344,547 3.8
98 Heritage Mutual Group 00461 331,814 21.0
99 United Fire & Casualty Group 03875 325,052 13.9
100 Farm Bureau Group of Iowa 04233 324,024 3.1
101 West Bend Mutual Group 18447 $323,609 29.1
102 Motorists Insurance Group 18236 321,579 9.5
103 Trenwick Group 18503 305,879 28.9
104 American Agricultural Ins Co 03133 304,278 36.0
105 Texas Workers' Comp Ins Fund 11453 299,875 28.1
106 Cumis Insurance Society Inc 03049 295,978 4.5
107 Electric Insurance Company 02146 293,343 -14.0
108 Meridian Mutual Insurance Grp 18373 292,382 4.7
109 Vision Service Plan Group 18537 291,310 46.2
110 Axa Re Group 18504 287,117 112.9
111 American Express Group 04009 279,248 8.0
112 Central Insurance Companies 00246 276,693 14.4
113 ICW Group 02967 270,554 20.7
114 Michigan Farm Bureau Group 00358 264,120 1.3
115 Philadelphia Insurance Cos 00476 263,635 35.0
116 RLI Group 03883 260,831 17.9
117 Pemco Insurance Companies 00790 259,783 -2.6
118 Republic Western Insurance Grp 18443 258,016 43.8
119 QualChoice Health Plan 11644 256,802 25.7
120 Medica Insurance Company 11072 256,175 46.2
121 Amerisure Companies 04071 253,937 -5.3
122 Frankenmuth Financial Group 18496 244,536 32.5
123 HOC Insurance Holdings Group 18421 243,147 58.2
124 Amerisafe Insurance Group 18211 241,474 61.8
125 XL America Group 18491 239,011 44.7
126 Mutual of Enumclaw Ins Co 00374 238,539 2.9
127 Grinnell Mutual Group 05727 235,324 8.4
128 Professionals Group 18410 232,230 -1.1
129 Lincoln National Group 05988 229,343 -3.9
130 Andover Companies 00166 227,902 5.2
131 Centurion Insurance Group 18188 227,569 13.9
132 New York Central Mutual Fire 00700 225,721 4.7
133 Doctors Company Ins Group 18083 224,967 10.4
134 Balboa Life & Casualty Group 04062 223,627 35.8
135 Farm Family Insurance Cos 18024 223,183 16.2
136 Pekin Insurance Group 00754 220,090 6.9
137 Quincy Mutual Group 18437 218,634 10.9
138 SAIF Corporation 03480 217,257 10.4
139 Legion Insurance Group 18366 216,838 7.1
140 Donegal Group 03168 213,258 6.1
141 Church Mutual Insurance Co 00259 207,303 4.9
142 Vesta Insurance Group Inc 05681 204,668 -14.8
143 Accident Fund Company 11770 203,027 76.4
144 Sorema N.A. Group 18264 198,497 24.7
145 Norcal Group 18539 197,879 8.5
146 Health Care Indemnity Inc 03701 197,056 -3.5
147 Medical Assurance Group 18384 192,279 15.4
148 Providence Washington Ins Cos 00786 191,600 21.5
149 Financial Security Assur Group 04017 189,864 -3.4
150 Hastings Mutual Insurance Co 00464 189,336 9.5
151 Miix Group 18349 187,978 -7.5
152 Arizona State Compensation Fnd 03470 185,373 2.9
153 QBE Re Group - US 18222 184,634 24.4
154 Phico Group 18461 184,364 -18.5
155 SCPIE Companies 18350 184,000 19.8
156 APCapital Group 18321 181,380 14.8
157 Dorinco Reinsurance Company 03771 181,330 -38.2
158 Tokio Marine & Fire USB Group 02927 176,877 13.3
159 FPIC Insurance Group Inc 18457 172,767 39.2
160 AAA Mid-Atlantic Insurance Grp 18168 171,447 2.7
161 Acceptance Insurance Companies 18003 165,571 -26.8
162 Safeway Insurance Group 00459 164,321 0.2
163 Argonaut Insurance Group 04019 163,878 34.1
164 Canal Group 03930 162,565 19.2
165 Household International Group 18428 161,331 20.5
166 American Road Insurance Co 00152 160,974 81.9
167 Kansas Farm Bureau Group 00356 159,017 1.5
168 SECURA Insurance Companies 18381 157,727 -0.3
169 Toa Reinsurance Co of America 01730 157,313 25.0
170 California Casualty Group 03335 155,616 -29.0
171 Concord Group Insurance Cos 04398 155,162 0.5
172 Merchants Insurance Group 00590 154,980 5.7
173 Hum Group 18413 154,156 20.3
174 Cotton States Group 00300 151,372 6.8
175 Western National Mutual Group 03943 149,825 -0.6
176 Century-National Ins Co 03090 143,838 17.3
177 Plymouth Rock Companies 18066 143,256 29.5
178 Bristol West Insurance Group 18131 142,243 -34.2
179 Illinois State Medical Exch 03757 139,444 -1.1
180 Columbia Insurance Group 02975 139,284 12.3
181 United National Group 02955 137,571 15.9
182 Eagle Insurance Group (NY) 18232 135,131 86.9
183 Universal Insurance Group 05700 132,372 32.1
184 Front Royal Group 18407 129,889 18.6
185 Germania Mutual Group 03876 128,481 4.4
186 Meadowbrook Insurance Group 18132 128,233 13.4
187 Farmers Alliance Companies 00114 126,285 7.3
188 Sierra Insurance Group 18135 125,939 47.5
189 Magna Carta Companies 02945 125,352 11.6
190 Nuclear Electric Insurance Ltd 11284 124,734 -37.8
191 Wawanesa Insurance Group 18397 124,462 4.1
192 Enhance Financial Services Grp 18020 123,585 -6.2
193 Lloyd's of London 18239 118,977 119.0
194 Cooperativa Seguros Multi PR 03502 118,809 12.5
195 Oklahoma Farm Bureau Group 04100 118,530 -7.7
196 Workers Compensation Fund Grp 18471 118,488 26.0
197 Praico Insurance Group 03866 117,740 11.5
198 General Agents Group 02969 117,497 -11.5
199 Guard Insurance Group 18331 115,785 39.8
200 Vermont Mutual Group 00951 114,946 13.4
Top 200 Total $286,109,061 5.8
Total Industry $302,910,657 4.6
As of 06/11/01
Source: A.M. Best Co.
Top 200 Life/Health Groups by Net Premiums Written--2000
Strong results in corporate-owned and bank-owned life insurance sales in
2000 helped offset the impact of the stock-market downturn on annuity
sales.
($ Thousands)
Net Premiums Percent
Rank Insurer AMB# Written Change
1 Metropolitan Life & Affiliated 70192 $30,571,775 -12.5
2 ING Group 70153 23,999,344 14.3
3 American International Group 70342 23,497,214 67.0
4 Aegon USA, Inc 69707 23,044,178 1.0
5 Hartford Life, Inc 70116 18,554,908 48.0
6 Nationwide Group 70350 18,191,968 21.8
7 Cigna Group 70173 17,467,055 8.0
8 Prudential of America Group 70189 16,957,113 -4.0
9 Principal Life Insurance Co 06150 15,653,346 -0.4
10 New York Life Group 69714 13,538,025 -0.3
11 American General Group 70120 13,451,891 6.3
12 MassMutual Financial Group 69702 12,572,620 41.7
13 Allstate Financial Group 70106 12,331,530 39.1
14 GE Financial Assurance Group 69555 11,733,833 21.4
15 Health Care Service Corp 69584 10,910,889 15.5
16 Equitable Group 70194 10,680,901 -3.5
17 Manulife Financial 69542 10,671,005 27.1
18 John Hancock Financial Svs Grp 70170 10,651,814 0.7
19 College Retirement Equities Fd * 60316 9,864,154 13.0
20 Citigroup 70128 9,606,648 8.1
21 Pacific Life Group 69720 9,269,343 3.0
22 Jackson National Group 69578 9,120,295 11.1
23 Northwestern Mutual Group 69515 8,924,607 7.0
24 Lincoln National Corp 70351 8,564,582 5.8
25 Aflac Incorporated Group 69824 8,253,845 13.6
26 Aetna Inc Group 70202 7,908,596 25.9
27 American Skandia Life Assur 08715 7,182,958 8.9
28 Guardian Group 69685 7,163,385 6.0
29 UnitedHealth Group 69973 7,042,912 6.9
30 TIAA Group * 70362 6,973,204 14.3
31 Sun Life of Canada Group 69740 6,886,456 54.1
32 American Express Financial 69689 6,392,361 34.5
33 Conseco Insurance Group 69862 6,257,671 2.4
34 UnumProvident Group 69743 6,215,599 -0.5
35 Swiss Reinsurance Group 70176 5,748,115 234.0
36 Great-West Life Group 70366 5,693,001 29.3
37 Allmerica Financial Group 70222 5,225,460 4.0
38 Fortis, Inc. Group 70135 3,941,716 -7.3
39 Liberty Mutual Group 70119 3,731,483 30.7
40 CNA Insurance Group 70110 3,511,705 -16.7
41 Jefferson-Pilot Corporation 70156 3,404,864 5.3
42 Mutual of Omaha Group 70203 3,402,878 8.5
43 Zurich Ins Group 70130 3,334,926 -8.6
44 Humana Inc. 69866 3,003,998 -3.3
45 State Farm Group 70126 3,001,516 1.9
46 Allianz Insurance Group 70187 2,943,436 34.0
47 MONY Group 70198 2,731,933 18.0
48 Minnesota Mutual Group 69763 2,552,599 -5.1
49 Torchmark Corp 70265 2,538,388 7.0
50 Fidelity Investments Group 70020 2,366,261 29.9
51 Blue Cross&Blue Shield FL Grp 70007 2,163,738 18.0
52 Phoenix Home Group 70171 2,140,912 12.4
53 Cuna Mutual Group 70262 2,045,922 2.2
54 WellPoint Health Networks Inc 70064 2,009,137 17.2
55 Safeco Group 70123 1,988,630 1.1
56 Anthem Group 69906 1,964,104 23.6
57 Wellmark Group 70049 1,936,650 7.4
58 Trigon Healthcare Group 70044 1,856,440 13.4
59 AmerUs Life Group 69601 1,784,203 12.1
60 American United Life Group 70399 1,783,976 21.2
61 Merrill Lynch Insurance Group 69908 1,757,768 22.6
62 Western & Southern Group 69754 1,726,328 -13.7
63 Protective Life Corp 69728 1,629,646 5.7
64 Lutheran Brotherhood 06673 1,612,175 20.3
65 StanCorp Financial Group 70398 1,601,479 24.1
66 Aid Association for Lutherans 06008 1,579,683 -0.3
67 Ohio National Life Group 69717 1,386,824 20.8
68 Sammons Insurance Group 69731 1,381,581 82.5
69 Ameritas Acacia Group 69790 1,334,289 11.6
70 Aon Corporation 70178 1,270,088 -13.8
71 St. Paul Group 70129 1,140,932 3.4
72 Provident Mutual Life Group 69751 1,129,569 10.7
73 Mutual of America Group 69871 1,113,385 20.5
74 Trustmark Group 69845 1,090,548 1.2
75 American National Group 70166 1,081,594 3.8
76 Security Benefit Group 69882 1,009,893 -28.1
77 American Financial Group 70220 979,601 25.9
78 Employers Re Group 70214 960,100 -18.4
79 American Medical Secur Grp Inc 70019 932,335 -8.0
80 National Life Group 69953 888,749 5.7
81 Louisiana Health Services Grp 70387 881,306 10.0
82 American Equity Invest Life 09024 855,366 3.5
83 J. C. Penney Group 70216 843,591 -0.5
84 Blue Cross&Blue Shld of MS Grp 70378 838,791 25.7
85 Union Central Life Ins Co 07150 832,072 -3.5
86 Arkansas BC & BS Group 69894 825,999 15.8
87 Berkshire Hathaway Group 70158 820,192 -65.2
88 Canada Life Assurance Group 69653 819,429 -10.3
89 Blue Cross&Blue Shield KS Grp 70031 794,003 13.3
90 Knights of Columbus 06616 784,939 2.6
91 Penn Mutual Group 69722 707,145 3.7
92 Household Insurance Group 69620 700,731 -1.1
93 Physicians Mutual Group 69724 692,148 5.4
94 USAA Life Group 70364 659,345 -7.8
95 Golden Rule Group 69959 643,197 4.2
96 UICI Group 69860 633,766 1.8
97 RightCHOICE Managed Care, Inc 70052 629,888 21.0
98 Unitrin, Inc 70340 558,760 -1.5
99 Southern Farm Bureau Group 70169 548,345 0.6
100 Ceres Group 70381 534,179 166.3
101 Reliance Standard Life Group 69825 528,484 12.8
102 Oxford Health Ins, Inc 60022 515,655 9.6
103 Forethought Group 70375 510,835 3.2
104 Clarica Group 70033 499,894 52.5
105 London Pacific Life & Ann Co 07056 488,698 51.9
106 Woodmen of the World Life Soc 07259 488,086 -6.3
107 Indianapolis Group 70040 $478,017 -20.6
108 Highmark Inc 70359 471,386 54.2
109 Country Ins & Financial Svcs 70142 462,397 -11.0
110 WEA Insurance Corporation 09506 434,249 17.9
111 Mamsi Life and Health Ins 06046 429,649 31.9
112 American Republic Ins Co 06096 412,283 10.0
113 National Western Life Ins Co 06811 408,963 -13.0
114 Kansas City Life Group 69692 405,091 1.6
115 Business Men's Assurance Co 06175 397,739 -37.8
116 Modern Woodmen of America 06737 388,364 0.9
117 Regence BlueShield of Idaho 60266 380,254 22.6
118 Americo Life Group 69676 375,017 -16.6
119 ILona Financial Group, Inc 70038 373,660 6.4
120 Presidential Life Corp 70392 370,967 514.4
121 Ullico Group 70003 345,088 6.7
122 Farm Bureau Group of Iowa 70209 331,111 9.9
123 Horace Mann Group 69919 329,542 1.0
124 Lutheran Brotherhood Var Ins 09342 326,717 -1.0
125 American Fidelity Group 69640 314,528 6.8
126 American Family Life Ins Co 06052 306,699 3.6
127 Hannover Life Reassurance Amer 68031 292,677 15.7
128 PaineWebber Life Ins Co 06882 286,489 13.5
129 Metropolitan Mortgage Group 69982 284,619 77.4
130 Liberty Life Ins Co 06628 248,774 1.7
131 Legal & General America, Inc 69539 248,301 33.5
132 Munich American Reassurance Co 06746 242,257 40.6
133 Beneficial Life Ins Co 06162 239,981 18.0
134 Security Mutual Life of NY 07034 236,998 11.2
135 Berkshire Life Ins Co 06166 229,642 0.7
136 World Insurance Group 70369 210,932 4.2
137 Amerco Group 70367 209,827 4.6
138 Premera Group 70047 202,922 54.0
139 Sentry Insurance Group 70125 199,289 17.9
140 Standard Management Group 70004 196,259 13.4
141 United Life Ins Co 07178 191,800 10.7
142 Lafayette Life Ins Co 06617 191,253 -19.5
143 Boston Mutual Group 69993 181,076 8.9
144 PacifiCare Health Systems, CA 70053 177,227 -16.2
145 Pekin Insurance Group 70155 176,011 0.8
146 First Investors Life Ins Co 06413 173,172 10.8
147 Universal Amer Financial Corp 70021 172,627 24.0
148 CGU Group 70108 171,287 -52.0
149 Independent order Forester USB 06551 171,108 16.0
150 Homesteaders Life Co 06534 169,858 3.6
151 National Health Group 70390 168,368 -3.1
152 Gerber Life Ins Co 07299 167,762 6.9
153 New Era Group 70009 159,333 91.8
154 Health Net Inc 70015 158,741 -25.2
155 Shenandoah Life Group 69570 $153,130 27.5
156 AAA Life Group 70388 152,247 40.9
157 Guarantee Trust Group 69541 149,016 8.1
158 American Community Mutual Ins 06044 145,553 -60.7
159 Pan-American Life Group 69617 144,544 -14.0
160 PersonalCare Insurance of IL 60028 143,577 28.6
161 Central States H & L Group 70363 135,384 5.1
162 Savings Bank Life Ins Co of MA 06696 132,022 8.4
163 Penn Treaty Group 69981 130,676 -37.4
164 Cincinnati Life Insurance Co 06568 129,388 -68.0
165 Southwestern Life Holdings Inc 69921 129,307 2.7
166 Sierra Health and Life Ins Co 07370 128,850 23.1
167 Lincoln Insurance Group 70066 126,448 102.2
168 National Travelers Group 69785 122,012 10.1
169 SBLI USA Group 60345 121,727 -43.9
170 Cooperativa de Seguros de Vida 07607 120,356 -6.1
171 Ascent Assurance, Inc 69975 118,869 2.9
172 Midwest Security Life Ins Co 08297 118,172 22.3
173 Empire Blue Cross&Blue Shield 70377 116,190 527.9
174 Federated Life Ins Co 06381 116,009 0.1
175 Physicians Health Svcs Ins NY 11859 115,323 0.0
176 Indiana Farm Bureau Group 70368 113,456 0.5
177 Lincoln Heritage Life Ins Co 06694 112,723 1.6
178 MTL Insurance Company 06756 111,957 5.8
179 Illinois Mutual Life Ins Co 06542 109,648 38.3
180 Celtic Insurance Company 06999 108,992 34.1
181 Nippon Life Ins Co of Amer 08419 108,370 29.5
182 Fidelity Security Group 69925 107,697 -4.7
183 Erie Family Life Ins Co 07276 107,289 -11.5
184 Auto-Owners Life Ins Co 06140 103,016 10.9
185 Independence Holding Group 69756 102,379 12.8
186 Educators Mutual Life Ins Co 06325 102,260 40.7
187 Alabama Reassurance Company 09055 100,636 48.8
188 Delta Dental Insurance Co 09147 96,157 17.5
189 FIC Insurance Group 69616 96,061 1.3
190 Ozark National Life Ins Co MO 06877 96,038 6.0
191 American Amicable Group 70394 90,204 -1.4
192 National Guardian Group 70358 88,171 -7.4
193 Alfa Life Ins Corp 06293 88,062 6.7
194 Shelter Life Ins Co 06675 87,868 1.7
195 Columbian Financial Group 69961 87,329 6.0
196 Equitable Life & Casualty 06342 85,705 2.2
197 Baltimore Life Group 69503 83,459 -2.6
198 Security Financial Life Ins Co 07033 81,949 9.0
199 Tennessee Farmers Insurance 69777 81,870 2.2
200 Security Life Ins Co of Amer 07030 79,856 2.1
Total Top 200 Groups * $558,833,692 11.1
Total Life/Health Industry * $553,662,784 10.8
As of 06/8/01
Source: A.M. Best Co.
(*)The "Total Top 200 Groups" includes the college Retirement Equities
Fund (CREF) net premiums written, whereas the "Total Life/Health
Industry" does not. CREF has been included in the ranking study because
of its industry significance, even though it files a different statutory
statement than the rest of the entities in this study. Since the amount
of double counting between TIAA and CREF is not available, a combined
group figure could not be shown. Hence, the top 200 is somewhat
overstated and the Total Industry is somewhat understated--by some
fraction of the CREF amount.
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