2026 Best's Rankings: Life/Health Mutual Insurer Net Admitted Assets Rise 7% to $2.57 Trillion
OLDWICK, N.J. //BestWire// - U.S. life/health mutual insurer net admitted assets grew 7% last year to $2.57 trillion, a percentage increase exceeded by most of the 10 largest writers, according to a new Best's Rankings.
Three top 10 writers posted double-digit growth. National Life Group moved from No. 13 to No. 10 after its net admitted assets rose 13.9% to $53.58 billion.
No. 4 Nationwide Life Group's assets increased 12.1% to $297.57 billion. No. 5 Pacific Life Group's assets were up 14.8% to $252.58 billion.
New York Life Group retained its top spot with net admitted assets of $479.82 billion, up 7.3% from the prior year.
Net admitted assets for the total U.S. life/health industry also grew 7% in 2025, to $9.9 trillion.
The ranking lists 2025 mutual life/health net admitted assets and the percentage of change from the prior year. It includes two years of rankings for the 42 largest mutual life/health writers.
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Subscribers can access the report and data here.
AM Best data sourced from Best’s Financial Suite, US.
(By Renée Kiriluk-Hill, senior associate editor, BestWire: Renee.Kiriluk-Hill@ambest.com)