Best’s News & Research Service - August 15, 2025 10:17 AM (EDT)
Best’s Rankings: US Life/Health Industry Investment Returns Grew 4.06%
OLDWICK, N.J. //BestWire// - Total investment returns for the United States life/health industry increased 4.06% in 2024 on a pretax basis, according to a new Best's Rankings report.
The return this past year was the highest since 2021, which saw pretax investment returns reach 5.05%, the highest return rate during the past decade, according to the report. The industry's total admitted assets were $9.25 trillion in 2024.
The top 100 insurers saw returns of 4.04% in 2024, while the top 25 carriers recorded 3.73% return rates.
The top 10 carriers on the ranking were unchanged from 2023, with Prudential of America Group holding the top spot with $568.19 billion in admitted assets, despite total returns of negative 0.17%.
Rounding out the top five were New York Life Group, with a 3.89% return and $446.99 billion in admitted assets; MetLife Life Insurance Co., 3.28% and $414.85 billion; Massachusetts Mutual Life Group, 4.27% and $406.64 billion; and Northwestern Mutual Group, 4.31% and $378.45 billion, according to the report.
Prosperity Life Group saw the highest return, registering 9.66% in 2024. The company ranked No. 67 with $22.62 billion in admitted assets.
Subscribers can access the report and data here.
Learn more about Best's News and Research Service.
AM Best data sourced from Best's Financial Suite, US.
(By Steve Hallo, senior associate editor, BestWire: Steve.Hallo@ambest.com)