Life by the book.Life and 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. companies experienced favorable fa·vor·a·ble adj. 1. Advantageous; helpful: favorable winds. 2. Encouraging; propitious: a favorable diagnosis. 3. trends in operating results across most business lines last year, aided by strong equity markets and increased consumer demand for life and annuity products with secondary guarantees. The volume of total life insurance issued by U.S. insurers last year was nearly the same as the previous year, as Lincoln Lincoln, city and district, England Lincoln, city (1991 pop. 79,980) and district, Lincolnshire, E England, in the Parts of Kesteven, on the Witham River. National Life Insurance Co. moved up into the top 10, replacing ING USA Life Group. State Farm Life Group increased its total life issued premium 15.5%, moving to seventh place, up from ninth. That growth was propelled by a 19.9% gain in term life issued and 15.5% increase in ordinary life issued.
U.S. Life--2006 Ordinary Life Average Policy Size & Lapse Ratios
Rank is based on the amount of total ordinary life issued in 2006.
Issued in 2006
Rank Group Name AMB# ($ Thousands)
1 AIG Life Group 70342 $160,891,265
2 Northwestern Mutual Group 69515 103,741,617
3 State Farm Life Group 70126 96,544,722
4 Genworth Finl Group 69555 88,189,011
5 Protective Life Corp 69728 81,020,900
6 Metropolitan Life & 70192 79,551,392
Affiliated Cos
7 NY Life Group 69714 77,060,916
8 Primerica Group 70183 76,095,273
9 Prudential of America Group 70189 69,461,937
10 Allstate Finl 70106 63,156,493
11 Lincoln Finl Group 70351 51,488,924
12 Aegon USA Group 69707 51,349,104
13 Manulife Finl 69542 49,871,296
14 Legal & Gen America, Inc 69539 44,410,179
15 Axa Finl Group 70194 39,336,543
16 MassMutual Finl Group 69702 34,677,099
17 USAA Life Group 70364 34,244,054
18 Old Mutual Finl Network 70403 31,729,562
19 Farmers New World Life Ins 06373 30,016,818
Co
20 ING USA Life Group 70153 27,101,442
21 Torchmark Corp 70265 25,674,263
22 Guardian Life 69685 24,261,987
23 Hartford Life Group 70116 24,023,371
24 Ameriprise Finl Group 69689 22,685,479
25 Aflac Inc Group 69824 21,534,592
Total U.S. L/H Stock Cos $1,446,635,949
Total U.S. L/H Mutual Cos $339,917,103
Total U.S. L/H Industry $1,786,553,864
Total U.S. L/H Fraternal Cos $24,147,588
Total U.S. Life/Health & $1,810,701,452
Fraternal
Average Policy Issued
Rank Group Name 2006 2005 2004
1 AIG Life Group $176,734 $179,655 $164,662
2 Northwestern Mutual Group 418,217 401,434 371,309
3 State Farm Life Group 146,892 133,923 122,362
4 Genworth Finl Group 420,046 419,102 360,130
5 Protective Life Corp 432,197 356,694 367,052
6 Metropolitan Life & 318,319 317,978 291,755
Affiliated Cos
7 NY Life Group 297,103 271,114 254,016
8 Primerica Group 278,232 262,204 257,850
9 Prudential of America Group 546,454 494,613 401,029
10 Allstate Finl 287,909 286,042 256,864
11 Lincoln Finl Group 690,626 573,899 503,943
12 Aegon USA Group 141,944 166,697 174,735
13 Manulife Finl 1,244,853 1,130,573 695,813
14 Legal & Gen America, Inc 610,273 576,981 544,584
15 Axa Finl Group 643,395 567,926 480,267
16 MassMutual Finl Group 570,647 513,943 479,291
17 USAA Life Group 357,368 409,189 387,169
18 Old Mutual Finl Network 222,632 197,163 190,694
19 Farmers New World Life Ins 160,027 169,538 169,901
Co
20 ING USA Life Group 386,528 83,983 99,567
21 Torchmark Corp 19,325 19,782 20,852
22 Guardian Life 590,560 550,072 528,332
23 Hartford Life Group 419,110 377,800 362,280
24 Ameriprise Finl Group 466,185 434,322 398,692
25 Aflac Inc Group 70,624 80,687 86,751
Total U.S. L/H Stock Cos $160,943 $152,539 $140,436
Total U.S. L/H Mutual Cos $223,961 $218,088 $205,761
Total U.S. L/H Industry $170,046 $161,559 $149,512
Total U.S. L/H Fraternal Cos $98,785 $93,922 $85,130
Total U.S. Life/Health & $168,426 $160,004 $148,026
Fraternal
Average Policy Issued
Rank Group Name 2003 2002
1 AIG Life Group $119,565 93,151
2 Northwestern Mutual Group 357,947 359,966
3 State Farm Life Group 110,118 98,646
4 Genworth Finl Group 350,786 381,069
5 Protective Life Corp 374,037 314,784
6 Metropolitan Life & 284,165 257,267
Affiliated Cos
7 NY Life Group 247,731 223,225
8 Primerica Group 237,956 220,941
9 Prudential of America Group 336,827 269,567
10 Allstate Finl 209,010 185,802
11 Lincoln Finl Group 478,297 456,827
12 Aegon USA Group 160,821 150,782
13 Manulife Finl 643,040 591,992
14 Legal & Gen America, Inc 531,163 567,644
15 Axa Finl Group 431,082 412,381
16 MassMutual Finl Group 510,340 497,318
17 USAA Life Group 378,346 336,186
18 Old Mutual Finl Network 148,262 153,460
19 Farmers New World Life Ins 168,441 172,936
Co
20 ING USA Life Group 85,299 30,102
21 Torchmark Corp 19,879 20,075
22 Guardian Life 494,085 470,355
23 Hartford Life Group 375,557 378,239
24 Ameriprise Finl Group 256,493 268,761
25 Aflac Inc Group 76,768 67,990
Total U.S. L/H Stock Cos $120,409 $110,966
Total U.S. L/H Mutual Cos $193,542 $183,142
Total U.S. L/H Industry $129,826 $119,708
Total U.S. L/H Fraternal Cos $81,429 $71,755
Total U.S. Life/Health & $128,837 $118,717
Fraternal
Average Policy In Force
Rank Group Name 2006 2005 2004
1 AIG Life Group $83,954 $72,964 $64,896
2 Northwestern Mutual Group 202,270 191,600 181,301
3 State Farm Life Group 88,210 83,636 79,564
4 Genworth Finl Group 291,156 274,102 256,985
5 Protective Life Corp 233,019 233,248 219,651
6 Metropolitan Life & 58,299 54,264 54,533
Affiliated Cos
7 NY Life Group 141,045 132,819 125,434
8 Primerica Group 137,947 128,580 118,281
9 Prudential of America Group 85,774 74,176 65,233
10 Allstate Finl 167,783 153,480 144,905
11 Lincoln Finl Group 122,094 116,151 110,263
12 Aegon USA Group 78,642 72,258 69,868
13 Manulife Finl 71,554 64,936 55,032
14 Legal & Gen America, Inc 434,165 413,633 395,446
15 Axa Finl Group 63,407 58,576 56,191
16 MassMutual Finl Group 192,799 182,005 174,511
17 USAA Life Group 271,432 258,832 242,170
18 Old Mutual Finl Network 209,936 133,585 121,483
19 Farmers New World Life Ins 138,608 134,273 128,406
Co
20 ING USA Life Group 91,662 75,000 75,266
21 Torchmark Corp 17,202 17,112 16,959
22 Guardian Life 82,323 65,292 57,486
23 Hartford Life Group 233,373 240,639 277,158
24 Ameriprise Finl Group 266,216 247,732 231,290
25 Aflac Inc Group 76,065 78,275 84,200
Total U.S. L/H Stock Cos $71,249 $66,415 $61,962
Total U.S. L/H Mutual Cos $121,681 $104,538 $97,266
Total U.S. L/H Industry $75,319 $69,743 $65,067
Total U.S. L/H Fraternal Cos $43,630 $41,960 $40,106
Total U.S. Life/Health & $74,622 $69,137 $64,514
Fraternal
Average Policy In Force
Rank Group Name 2003 2002
1 AIG Life Group $54,059 $35,388
2 Northwestern Mutual Group 171,513 161,667
3 State Farm Life Group 76,337 73,838
4 Genworth Finl Group 247,190 259,096
5 Protective Life Corp 208,966 183,314
6 Metropolitan Life & 54,328 45,497
Affiliated Cos
7 NY Life Group 119,592 112,261
8 Primerica Group 104,958 97,933
9 Prudential of America Group 45,059 40,554
10 Allstate Finl 133,025 128,389
11 Lincoln Finl Group 105,861 96,898
12 Aegon USA Group 47,111 48,640
13 Manulife Finl 52,694 48,537
14 Legal & Gen America, Inc 371,507 347,390
15 Axa Finl Group 56,842 54,551
16 MassMutual Finl Group 165,378 153,580
17 USAA Life Group 224,060 205,977
18 Old Mutual Finl Network 95,887 91,108
19 Farmers New World Life Ins 121,823 115,450
Co
20 ING USA Life Group 67,597 65,606
21 Torchmark Corp 16,539 16,186
22 Guardian Life 50,242 44,540
23 Hartford Life Group 267,563 247,238
24 Ameriprise Finl Group 210,112 197,167
25 Aflac Inc Group 79,822 72,929
Total U.S. L/H Stock Cos $57,753 $53,072
Total U.S. L/H Mutual Cos $97,870 $90,913
Total U.S. L/H Industry $61,019 $56,188
Total U.S. L/H Fraternal Cos $38,615 $36,800
Total U.S. Life/Health & $60,512 $55,735
Fraternal
Lapse Ratio Published
Rank Group Name 2006 2005 2004 2003 2002
1 AIG Life Group 5.2 5.9 6.6 7.2 7.7
2 Northwestern Mutual Group 3.7 3.7 4.0 4.1 4.3
3 State Farm Life Group 7.2 6.4 7.0 7.2 7.1
4 Genworth Finl Group 4.7 4.2 5.4 12.4 4.4
5 Protective Life Corp 4.8 4.5 4.8 5.4 5.8
6 Metropolitan Life & 6.3 7.9 0.0 6.9 8.0
Affiliated Cos
7 NY Life Group 5.4 5.0 5.5 5.8 6.1
8 Primerica Group 8.4 7.9 8.3 8.6 9.5
9 Prudential of America Group 4.7 4.5 6.3 5.6 7.3
10 Allstate Finl 6.4 6.4 7.1 8.0 10.0
11 Lincoln Finl Group 6.0 6.4 7.3 3.5 7.6
12 Aegon USA Group 5.0 6.6 5.6 8.9 6.1
13 Manulife Finl 6.3 5.3 7.3 7.4 9.8
14 Legal & Gen America, Inc 3.7 4.1 4.7 5.3 5.5
15 Axa Finl Group 5.8 5.9 6.5 6.5 7.1
16 MassMutual Finl Group 5.0 5.4 5.0 5.1 6.3
17 USAA Life Group 2.3 2.4 2.5 2.5 2.2
18 Old Mutual Finl Network 5.7 10.9 8.9 9.9 14.5
19 Farmers New World Life Ins 6.7 6.9 7.3 7.4 7.7
Co
20 ING USA Life Group 2.0 3.4 2.3 3.4 3.7
21 Torchmark Corp 16.8 14.8 16.7 15.5 15.6
22 Guardian Life 5.7 6.3 6.5 6.8 6.4
23 Hartford Life Group 10.6 21.7 2.7 7.7 7.9
24 Ameriprise Finl Group 4.4 4.3 4.0 7.6 3.6
25 Aflac Inc Group 13.8 11.8 13.1 14.5 14.3
Total U.S. L/H Stock Cos 6.0 7.1 7.5 7.1 7.9
Total U.S. L/H Mutual Cos 5.0 5.0 5.3 5.5 5.9
Total U.S. L/H Industry 5.9 6.8 7.2 6.9 7.6
Total U.S. L/H Fraternal Cos 4.4 4.3 4.5 4.4 4.6
Total U.S. Life/Health & 5.9 6.8 7.2 6.8 7.6
Fraternal
Renewal Premium Persistency
Rank Group Name 2006 2005 2004 2003 2002
1 AIG Life Group 82.7 85.6 89.7 87.7 81.8
2 Northwestern Mutual Group 96.5 95.4 95.6 94.7 94.0
3 State Farm Life Group 91.1 91.5 91.5 92.4 92.5
4 Genworth Finl Group 91.1 92.9 89.8 89.7 89.7
5 Protective Life Corp 74.8 84.9 85.6 80.7 83.8
6 Metropolitan Life & 82.9 84.4 88.8 85.8 76.1
Affiliated Cos
7 NY Life Group 91.0 81.0 88.1 76.8 78.6
8 Primerica Group 91.2 91.0 90.7 90.6 91.3
9 Prudential of America Group 88.7 94.0 90.1 85.4 86.6
10 Allstate Finl 86.4 88.3 89.4 88.2 86.7
11 Lincoln Finl Group 62.9 61.2 58.4 54.2 57.1
12 Aegon USA Group 75.7 76.8 77.1 79.6 80.9
13 Manulife Finl 72.3 74.4 81.9 84.1 79.9
14 Legal & Gen America, Inc 94.3 92.8 91.8 92.2 91.0
15 Axa Finl Group 82.6 84.4 86.2 87.5 81.0
16 MassMutual Finl Group 88.7 86.9 86.0 85.1 85.5
17 USAA Life Group 95.8 95.0 94.2 95.6 97.2
18 Old Mutual Finl Network 75.5 81.0 104.5 73.5 77.3
19 Farmers New World Life Ins 92.2 92.5 91.1 90.4 91.5
Co
20 ING USA Life Group 33.7 73.0 80.0 79.7 80.9
21 Torchmark Corp 89.6 88.9 87.2 87.4 87.3
22 Guardian Life 95.0 94.7 93.5 89.0 99.0
23 Hartford Life Group 61.9 63.4 64.9 44.8 82.9
24 Ameriprise Finl Group 81.9 82.6 88.7 84.1 81.4
25 Aflac Inc Group 85.8 86.0 95.4 96.2 88.4
Total U.S. L/H Stock Cos 78.8 82.7 84.3 82.4 82.3
Total U.S. L/H Mutual Cos 89.5 85.0 87.5 84.1 85.0
Total U.S. L/H Industry 81.4 83.3 85.1 82.9 82.9
Total U.S. L/H Fraternal Cos 91.2 85.5 86.3 87.7 89.3
Total U.S. Life/Health & 81.6 83.3 85.1 83.0 83.1
Fraternal
Source: A.M. Best Co.
U.S. Life--2006 Total Life Issued
Rank is based on 2006 total life business issued.
($ Thousands)
Total Life %
Rank Group Name AMB# Issued Change
1 Metropolitan Life & 70192 $218,136,809 -7.3
Affiliated Cos
2 AIG Life Group 70342 193,864,788 -6.6
3 Prudential of America Group 70189 181,997,449 -5
4 Hartford Life Group 70116 104,569,833 -7.6
5 Northwestern Mutual Group 69515 103,741,617 6.1
6 Genworth Finl Group 69555 100,206,901 3.3
7 State Farm Life Group 70126 97,308,832 15.5
8 Protective Life Corp 69728 94,491,852 -8
9 NY Life Group 69714 93,405,527 2.7
10 Lincoln Finl Group 70351 83,790,757 4.1
11 ING USA Life Group 70153 82,335,170 -9
12 Primerica Group 70183 76,156,869 -0.4
13 Unum Group 69743 67,553,061 -9.9
14 Allstate Finl 70106 65,358,400 5.3
15 Securian Finl Group 69763 63,727,629 44.5
16 Aegon USA Group 69707 61,873,877 -18
17 Aetna Inc 70202 61,383,047 17.1
18 Standard Ins Group 70398 52,476,348 37
19 Manulife Finl 69542 49,871,296 12.6
20 UnitedHealth Group 69973 46,562,355 33.7
21 MassMutual Finl Group 69702 46,341,893 40.5
22 Cigna Group 70173 44,831,659 -0.2
23 Legal & Gen America, Inc 69539 44,419,629 13.9
24 Sun Life Finl Group 69740 41,561,907 5.5
25 Axa Finl Group 70194 39,447,404 -20.6
Top 25 Life Writers $2,115,414,909 0.7
Total U.S. Life Industry $2,944,442,301 -0.7
Source: A.M. Best Co.
U.S. Life--2006 Total Life in Force
Rank is based on 2006 total life business in force.
($ Thousands)
Total Life %
Rank Group Name AMB# In Force Change
1 Metropolitan Life & 70192 $4,778,735,709 8.6
Affiliated Cos
2 Prudential of America Group 70189 2,385,277,305 17.3
3 Swiss Reins Group 70176 1,472,354,951 -2.2
4 Aegon USA Group 69707 1,444,401,570 9.9
5 ING USA Life Group 70153 1,355,061,064 -4.8
6 AIG Life Group 70342 1,219,262,236 10
7 Lincoln Finl Group 70351 1,153,150,532 0.1
8 Northwestern Mutual Group 69515 995,855,463 6.9
9 NY Life Group 69714 941,094,414 7.1
10 Hartford Life Group 70116 883,137,649 2.3
11 Scottish Re Group 70418 847,874,017 24.8
12 Genworth Finl Group 69555 834,167,109 10
13 Protective Life Corp 69728 824,428,913 16
14 Munich Amer Reassurance Co 06746 722,442,142 6.7
15 State Farm Life Group 70126 651,190,556 6.9
16 Manulife Finl 69542 635,572,948 6.9
17 Allstate Finl 70106 618,508,065 10.5
18 Unum Group 69743 585,005,691 -6.1
19 Securian Finl Group 69763 575,411,162 15.4
20 Primerica Group 70183 567,177,518 3.7
21 Axa Finl Group 70194 501,931,494 2.7
22 Great-West Life Group 70366 492,671,601 19.1
23 Aetna Inc 70202 440,613,402 -21.7
24 Employers Reassurance Corp 06976 422,662,926 -6.4
25 MassMutual Finl Group 69702 418,485,868 4.8
Top 25 Life Writers $25,766,474,305 6.5
Total U.S. Life Industry $34,706,851,625 6.1
Source: A.M. Best Co.
U.S. Life--2006 Group Life Issued
Rank is based on 2006 group life business issued.
($ Thousands)
Group Life %
Rank Group Name AMB# Issued Change
1 Metropolitan Life & 70192 $138,585,417 -8.1
Affiliated Cos
2 Prudential of America 70189 112,517,067 -12.1
Group
3 Hartford Life Group 70116 80,546,462 -13
4 Aetna Inc 70202 61,333,291 17.1
5 Unum Group 69743 55,280,029 -9.8
6 ING USA Life Group 70153 55,233,728 -14.3
7 Standard Ins Group 70398 52,465,525 37.1
8 Securian Finl Group 69763 48,164,714 74.3
9 UnitedHealth Group 69973 46,142,624 34.5
10 Cigna Group 70173 44,174,861 0.1
11 Lincoln Finl Group 70351 32,301,833 10.1
12 Reliance Standard Life 69825 31,358,380 -5.4
Group
13 Sun Life Finl Group 69740 27,688,226 -19
14 AIG Life Group 70342 23,167,994 -8.5
15 Mutual of Omaha Group 70203 20,327,955 36.3
16 Principal Life Ins Co 06150 19,128,302 14.7
17 NY Life Group 69714 16,344,611 -6.5
18 WellPoint Group 70064 14,701,211 24.4
19 Guardian Life 69685 14,020,490 -35.7
20 Assurant 70135 13,281,472 -32.9
21 Genworth Finl Group 69555 12,017,890 4.2
22 MassMutual Finl Group 69702 11,664,794 156.5
23 Torchmark Corp 70265 11,318,914 11.6
24 Health Care Service Corp 69584 10,165,625 17.5
25 Life & Specialty Ventures 70430 9,150,201 101.3
Group
Top 25 Life Writers $961,081,616 0.4
Total U.S. Life Industry $1,022,812,431 -1.6
Source: A.M. Best Co.
U.S. Life--2006 Group Life in Force
Rank is based on 2006 group life business in force.
($ Thousands)
Group Life %
Rank Group Name AMB# In Force Change
1 Metropolitan Life & 70192 $2,395,499,252 10.8
Affiliated Cos
2 Prudential of America 70189 1,488,631,879 21.2
Group
3 Hartford Life Group 70116 625,186,725 4.8
4 Unum Group 69743 517,501,327 -7.2
5 Securian Finl Group 69763 475,232,039 17.1
6 Aetna Inc 70202 437,900,481 -21.7
7 ING USA Life Group 70153 435,065,576 14.7
8 Cigna Group 70173 307,607,775 -8.9
9 Standard Ins Group 70398 270,450,334 13
10 NY Life Group 69714 266,562,145 10.7
11 Sun Life Finl Group 69740 265,550,123 30
12 AIG Life Group 70342 256,996,827 3.2
13 Lincoln Finl Group 70351 168,074,984 6.5
14 Health Care Service Corp 69584 150,983,375 20.3
15 Reliance Standard Life 69825 145,301,660 10
Group
16 Guardian Life 69685 113,300,308 7.2
17 Principal Life Ins Co 06150 113,125,005 20.8
18 WellPoint Group 70064 107,581,975 11.3
19 Mutual of Omaha Group 70203 96,130,754 19.4
20 UnitedHealth Group 69973 85,770,080 51.4
21 Assurant 70135 81,471,476 -10.1
22 Manulife Finl 69542 64,357,046 28.1
23 MassMutual Finl Group 69702 63,920,901 9.2
24 Kemper Investors Life 06225 61,154,091 -19.2
Ins Co
25 Genworth Finl Group 69555 56,634,872 9.9
Top 25 Life Writers $9,049,991,010 8.6
Total U.S. Life Industry $9,934,168,107 7.4
Source: A.M. Best Co.
U.S. Life--2006 Credit Life Issued
Rank is based on 2006 credit life business issued.
($ Thousands)
Credit Life %
Rank Group Name AMB# Issued Change
1 Cuna Mutual Group 70262 $17,836,556 -9.4
2 Assurant 70135 15,385,446 -41.4
3 Protective Life Corp 69728 13,027,445 -32.1
4 AIG Life Group 70342 9,805,529 27.1
5 Citi Assur Svcs Group 70434 8,003,299 3.2
6 Aegon USA Group 69707 5,823,212 -5.1
7 HSBC Ins Group 69620 5,691,318 -1.2
8 Amer Natl Group 70166 5,465,603 -34.6
9 Life of the South Group 69913 4,139,382 11.2
10 Securian Finl Group 69763 3,740,582 -14.5
11 Amer Modern Ins Group 70206 1,834,935 -42.3
12 Central States H & L Group 70363 1,727,612 -0.7
13 Service Life & Cas Ins Co 07992 1,527,051 14.3
14 Guarantee Trust Group 69541 1,426,117 -11.9
15 JMIC Life Group 69852 1,227,281 -7.9
16 Resource Life Ins Co 06176 1,205,085 -9.7
17 Allstate Finl 70106 1,053,362 -9.7
18 Universal Underwriters 07204 875,777 -30.4
Life Ins Co
19 Individual Assur Group 69964 752,596 -7.4
20 Centurion Life Ins Co 06276 745,153 -38.9
21 Cardif Life Ins Co 07376 694,022 33.3
22 Plateau Group Inc 70039 679,493 16.1
23 Enterprise Life Ins Co 08919 628,942 -31.3
24 State Farm Life Group 70126 624,340 -0.8
25 Oneamerica Group 70399 608,289 2.5
Top 25 Life Writers $104,528,427 -17.8
Total U.S. Life Industry $110,903,910 -16.8
Source: A.M. Best Co.
U.S. Life--2006 Credit Life in Force
Rank is based on 2006 credit life business in force.
($ Thousands)
Credit Life %
Rank Group Name AMB# In Force Change
1 Cuna Mutual Group 70262 $36,096,237 -4.3
2 AIG Life Group 70342 31,416,525 -15.5
3 Assurant 70135 25,215,916 -18.6
4 HSBC Ins Group 69620 17,073,506 1.1
5 Aegon USA Group 69707 13,393,381 86.5
6 Citi Assur Svcs Group 70434 12,733,566 29.5
7 Securian Finl Group 69763 10,963,203 26.0
8 Metropolitan Life & 70192 6,031,610 -18.5
Affiliated Cos
9 Amer Natl Group 70166 5,160,086 -3.9
10 Protective Life Corp 69728 4,641,428 -22.5
11 Central States H & L Group 70363 3,871,291 -3.1
12 Amer Modern Ins Group 70206 3,418,485 -12.5
13 JMIC Life Group 69852 3,204,735 -5.6
14 Resource Life Ins Co 06176 3,167,959 -16.0
15 Lincoln Finl Group 70351 3,129,746 -14.7
16 Service Life & Cas Ins Co 07992 3,068,768 0.3
17 Life of the South Group 69913 3,018,523 4.3
18 Universal Underwriters 07204 2,576,768 -17.1
Life Ins Co
19 Centurion Life Ins Co 06276 2,387,152 -20.9
20 Allstate Finl 70106 2,308,073 -11.4
21 Combined A&H Group 70178 1,629,668 -17.9
22 Oneamerica Group 70399 1,558,751 21.3
23 Munich Amer Reassurance Co 06746 1,522,285 -5.1
24 Enterprise Life Ins Co 08919 1,398,298 -7.6
25 Servco Life Ins Co 68023 1,353,864 19.3
Top 25 Life Writers $200,339,824 -3.8
Total U.S. Life Industry $222,613,566 -5.1
Source: A.M. Best Co.
U.S. Life-2006 Ordinary Life Issued
Rank is based on 2006 ordinary life business issued.
($ Thousands)
Ordinary Life %
Rank Group Name AMB# Issued Change
1 AIG Life Group 70342 $160,891,265 -7.8
2 Northwestern Mutual Group 69515 103,741,617 6.1
3 State Farm Life Group 70126 96,544,722 15.5
4 Genworth Finl Group 69555 88,189,011 3.2
5 Protective Life Corp 69728 81,020,900 -2.6
6 Metropolitan Life & 70192 79,551,392 -5.8
Affiliated Cos
7 NY Life Group 69714 77,060,916 4.9
8 Primerica Group 70183 76,095,273 -0.4
9 Prudential of America Group 70189 69,461,937 9.4
10 Allstate Finl 70106 63,156,493 5.1
11 Lincoln Finl Group 70351 51,488,924 0.6
12 Aegon USA Group 69707 51,349,104 -19.9
13 Manulife Finl 69542 49,871,296 12.6
14 Legal & Gen America, Inc 69539 44,410,179 13.9
15 Axa Finl Group 70194 39,336,543 -20.3
16 MassMutual Finl Group 69702 34,677,099 21.9
17 USAA Life Group 70364 34,244,054 11.8
18 Old Mutual Finl Network 70403 31,729,562 -9.2
19 Farmers New World Life 06373 30,016,818 -1.5
Ins Co
20 ING USA Life Group 70153 27,101,442 4
21 Torchmark Corp 70265 25,674,263 1.7
22 Guardian Life 69685 24,261,987 -0.9
23 Hartford Life Group 70116 24,023,371 16.6
24 Ameriprise Finl Group 69689 22,685,479 7.6
25 Aflac Inc Group 69824 21,534,592 12.7
Top 25 Life Writers $1,408,118,239 1.2
Total U.S. Life Industry $1,810,701,452 0.9
Source: A.M. Best Co.
U.S. Life--2006 Ordinary Life in Force
Rank is based on 2006 ordinary life business in force.
($ Thousands)
Ordinary Life %
Rank Group Name AMB# In Force Change
1 Metropolitan Life & 70192 $2,374,511,939 6.6
7 Affiliated Cos
2 Swiss Reins Group 70176 1,428,781,598 -2.2
3 Aegon USA Group 69707 1,379,577,316 10.3
4 Northwestern Mutual Group 69515 994,922,378 6.9
5 Lincoln Finl Group 70351 981,873,326 -0.9
6 AIG Life Group 70342 929,336,689 13.2
7 ING USA Life Group 70153 919,798,655 -11.9
8 Prudential of America Group 70189 893,446,485 11.5
9 Scottish Re Group 70418 847,094,405 24.9
10 Protective Life Corp 69728 816,330,480 16.3
11 Genworth Finl Group 69555 777,452,811 10
12 Munich Amer Reassurance Co 06746 700,832,651 6.1
13 NY Life Group 69714 674,532,269 5.8
14 State Farm Life Group 70126 637,249,567 7.2
15 Allstate Finl 70106 600,263,543 10.9
16 Manulife Finl 69542 571,214,798 5
17 Primerica Group 70183 565,997,730 3.7
18 Axa Finl Group 70194 489,682,262 2.7
19 Great-West Life Group 70366 447,970,759 21.8
20 Employers Reassurance Corp 06976 421,514,899 -6.4
21 MassMutual Finl Group 69702 354,564,967 4
22 Generali USA Life 09189 309,206,778 14.6
Reassurance Co
23 Legal & Gen America, Inc 69539 305,070,510 11.8
24 Hartford Life Group 70116 257,950,924 -3.2
25 USAA Life Group 70364 223,150,799 12.4
Top 25 Life Writers $18,902,328,538 6.3
Total U.S. Life Industry $24,536,455,803 5.7
Source: A.M. Best Co.
U.S. Life--2006 Term Life Issued
Rank is based on 2006 term life business issued.
($ Thousands)
Term Life %
Rank Group Name AMB# Issued Change
1 AIG Life Group 70342 $133,904,799 -11.8
2 Genworth Finl Group 69555 82,174,611 1.1
3 State Farm Life Group 70126 79,377,631 19.9
4 Primerica Group 70183 75,647,992 -0.4
5 Northwestern Mutual Group 69515 73,669,181 4.1
6 Protective Life Corp 69728 65,506,570 4.8
7 Prudential of America Group 70189 60,811,924 13.2
8 Metropolitan Life & 70192 51,155,190 5.2
Affiliated Cos
9 Allstate Finl 70106 47,510,494 4.3
10 NY Life Group 69714 47,264,722 2
11 Legal & Gen America, Inc 69539 43,905,788 14
12 USAA Life Group 70364 33,003,386 11.5
13 Aegon USA Group 69707 30,150,061 -19.6
14 Old Mutual Finl Network 70403 28,599,499 -8.8
15 Lincoln Finl Group 70351 25,833,634 -5.4
16 Farmers New World Life 06373 23,869,602 -3.3
Ins Co
17 Axa Finl Group 70194 22,036,216 -36.3
18 Manulife Finl 69542 19,475,942 3.4
19 ING USA Life Group 70153 17,753,372 217.2
20 MassMutual Finl Group 69702 17,079,229 26.5
21 Aflac Inc Group 69824 16,236,462 8.3
22 Guardian Life 69685 13,156,997 63.6
23 Phoenix Life Group 70171 11,680,549 12.4
24 OH Natl Life Group 69717 11,065,026 -20.9
25 Hartford Life Group 70116 10,270,583 17.8
Top 25 Life Writers $1,041,139,460 2
Total U.S. Life Industry $1,274,883,082 0.7
Source: A.M. Best Co.
U.S. Life--2006 Term Life in Force
Rank is based on 2006 term life business in force.
($ Thousands)
Term Life %
Rank Group Name AMB# In Force Change
1 Metropolitan Life & 70192 $1,835,956,675 9
Affiliated Cos
2 Swiss Reins Group 70176 1,358,089,532 -2.1
3 Aegon USA Group 69707 1,096,579,961 10
4 Scottish Re Group 70418 834,241,069 25.5
5 ING USA Life Group 70153 759,265,093 -4.2
6 Lincoln Finl Group 70351 702,092,572 -2
7 Munich Amer Reassurance Co 06746 681,197,090 7.7
8 AIG Life Group 70342 660,116,811 19
9 Genworth Finl Group 69555 637,885,706 14.6
10 Primerica Groups 70183 563,515,780 3.7
11 Prudential of America Group 70189 555,763,006 19.4
12 Northwestern Mutual Group 69515 543,030,288 8.7
13 Protective Life Corp 69728 438,542,085 -15.2
14 State Farm Life Group 70126 422,298,133 9.2
15 Allstate Finl 70106 396,791,649 12
16 Employers Reassurance Corp 06976 389,129,827 -6.3
17 Legal & Gen America, Inc 69539 293,349,345 12.4
18 Manulife Finl 69542 284,032,419 1.4
19 NY Life Group 69714 273,362,442 9.1
20 Axa Finl Groups 70194 237,752,234 3.2
21 Great-West Life Group 70366 216,470,082 0.1
22 USAA Life Group 70364 204,596,195 13.5
23 Berkshire Hathaway Group 70158 187,929,160 -9.5
24 Oneamerica Group 70399 169,808,696 -5.8
25 Generali USA Life 09189 146,771,545 20.2
Reassurance Co
Top 25 Life Writers $13,888,567,395 6
Total U.S. Life Industry $16,753,707,385 5.8
Source: A.M. Best Co.
Admitted Assets, Top Life Writers, United States--2006 *
Rank is based on admitted assets for 2006
($ in thousands)
Admitted Assets % change
Metropolitan Life & Affiliated Cos $445,925,851 9.4%
Prudential American Group $368,594,628 11.4%
AIG Life Group $350,283,392 2.7%
Hartford Life Group $238,475,699 16.6%
Manulife FinI $200,788,929 12.1%
TIAA Group $186,565,270 4.9%
Aegon USA Group $178,701,835 3.6%
NY Life Group $178,471,272 7.4%
ING USA Life Group $173,420,820 2.1%
Axa FinI Group $148,681,659 11.6%
Note: Table made from bar graph.
|
|
||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion