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AM BEST'S MONTHLY INSURANCE MAGAZINE



Best's Rankings
US Life/Health — 2021 Asset Distribution — 2022 Edition

Insurers were ranked by 2021 total admitted assets.
  • October 2022

($ Millions)

2021
Rank
2020
Rank
Company/Group AMB# Bonds % of
Assets
Mortgages % of
Assets
Separate
Accounts
% of
Assets
Total
Assets
Net Yield on Invested Assets
Before Federal Income Tax,
if Any
2021 2020 2019 2018 2017
1 1 Prudential of America Group 070189 $113,381 20.2 $23,686 4.2 $367,418 65.6 $560,060 3.40 3.40 3.70 3.90 3.90
2 2 MetLife Life Ins Companies 070192 169,152 36.7 58,102 12.6 155,649 33.7 461,437 4.40 4.60 5.10 5.70 5.20
3 3 New York Life Group 069714 221,376 56.3 35,155 8.9 72,951 18.6 392,916 4.10 3.90 4.30 4.20 4.30
4 4 Massachusetts Mutual Life Group 069702 161,931 44.3 29,543 8.1 84,022 23.0 365,446 4.00 4.30 4.30 4.70 4.30
5 5 TIAA Group* 070362 210,154 58.3 36,793 10.2 56,061 15.6 360,224 4.50 4.30 4.50 4.70 4.70
6 6 AIG Life & Retirement Group 070342 166,533 48.2 32,162 9.3 122,024 35.3 345,825 5.00 4.40 4.70 5.00 4.80
7 8 Northwestern Mutual Group 069515 179,309 53.6 47,844 14.3 42,383 12.7 334,756 3.60 4.20 4.10 4.20 4.20
8 7 Lincoln Finl Group 070351 93,709 28.0 15,826 4.7 198,722 59.4 334,508 3.80 3.80 4.30 4.10 4.70
9 10 Jackson Natl Group 069578 49,248 15.3 11,577 3.6 249,053 77.4 321,914 4.70 4.70 5.10 5.20 5.90
10 9 John Hancock Life Insurance Group 069542 63,286 20.5 12,566 4.1 184,266 59.6 309,176 4.40 4.10 4.70 5.00 4.80
11 11 Equitable Life Group 070194 48,247 18.9 11,533 4.5 182,614 71.7 254,856 -0.40 1.70 1.30 7.40 4.20
12 13 Principal Finl Group Inc. 020516 60,363 25.1 15,919 6.6 152,280 63.4 240,190 4.00 4.00 4.30 4.40 4.20
13 12 Aegon USA Group 069707 55,716 23.4 10,789 4.5 152,751 64.1 238,338 4.20 4.60 4.10 4.10 4.70
14 14 Nationwide Life Group 070350 66,759 29.0 15,473 6.7 138,719 60.2 230,284 5.10 4.00 4.10 4.20 4.50
15 15 Brighthouse Ins Group 070516 53,625 24.1 12,648 5.7 140,554 63.3 222,094 3.90 3.90 4.40 4.30 4.30
16 18 Pacific Life Group 069720 71,880 38.6 16,301 8.8 73,933 39.7 186,151 3.30 3.60 4.70 3.90 4.50
17 17 Great-West Life Group 070366 53,935 29.3 9,965 5.4 101,102 54.9 184,106 2.90 3.00 3.70 3.80 3.80
18 16 Allianz Life Ins Group 070187 94,397 52.9 17,154 9.6 52,726 29.5 178,443 3.90 3.90 4.00 4.00 4.20
19 22 Athene US Life Group 070478 74,925 50.4 18,840 12.7 31,005 20.8 148,769 5.60 4.60 4.80 6.10 5.90
20 19 Voya Finl Group 070153 32,715 22.3 5,626 3.8 101,151 69.1 146,484 4.50 4.80 4.70 4.70 4.60
21 20 Talcott Resolution Group 070116 18,192 13.3 1,976 1.4 110,684 81.1 136,510 4.60 4.40 4.50 4.10 4.20
22 21 Ameriprise Finl Group 069689 10,752 8.7 1,664 1.3 96,806 78.4 123,468 3.60 4.00 4.30 4.30 4.60
23 25 Global Atlantic Group 069786 79,686 66.2 20,534 17.1 5,598 4.6 120,402 3.80 3.80 5.20 4.30 5.20
24 23 Thrivent Finl for Lutherans 006008 48,723 42.2 10,272 8.9 41,953 36.3 115,542 5.70 4.30 4.60 4.40 4.60
25 24 Sammons Finl Group 069731 81,024 73.9 5,725 5.2 6,531 6.0 109,627 5.60 4.20 4.40 4.30 5.80
Top 25 Insurers $2,279,016 35.5 $477,668 7.4 $2,920,956 45.5 $6,421,527 4.23 4.17 4.48 4.76 4.74
Total U.S. Life/Health Industry $3,534,399 40.8 $639,851 7.4 $3,348,163 38.6 $8,669,033 4.20 4.10 4.40 4.50 4.50

*TIAA assets are significantly understated. Most of its separate account assets are in its affiliate, CREF.

Source: BestLink logo — Statement File - L/H, US; data as of Aug. 15, 2022.



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