Best’s News & Research Service - December 03, 2021 09:42 AM (EST)
Update: 2021 Best’s Rankings: US Life/Health Industry Nine-Month Admitted Assets Grew 4.3%
OLDWICK, N.J. //BestWire// - (Clarifies the headline.) The value of the nine-month admitted assets for the total U.S. life/health industry increased 4.3% to $8.47 trillion, according to a new 2021 Best’s Rankings report.
The ranking found for the top 100 U.S. life/health writers, the value of their 2021 nine-month admitted assets increased 4.3% to $8.32 trillion in 2020.
Prudential of America Group was the leader, with $699.20 billion in nine-month assets, up 2.9%; followed by MetLife Life Insurance Cos., $459.08 billion, up 0.8%; and New York Life Group, $388.72 billion, up 4.6%.
The ranking measures life/health nine-month admitted assets for 2021 and the percentage change. It also includes data on net premiums written, after-tax net operating gain and realized gains/losses.
Subscribers to Best’s News and Research Service can download the report at no charge, including data in spreadsheet format.
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(By Frank Klimko, Washington correspondent, BestWeek: Frank.Klimko@ambest.com