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Top 10 Writers of Life Insurance Deposit Type Contracts by Direct Premiums Written, 2023
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($000)

Rank Group/company Direct premiums written Market share (1)
1 MetLife Inc. $70,478,909 25.2%
2 Equitable Holdings 63,186,478 22.6
3 Great West 24,103,829 8.6
4 Western & Southern Financial 22,434,528 8.0
5 Principal Financial Group Inc. 16,813,194 6.0
6 New York Life Insurance Group 12,330,864 4.4
7 Nationwide 11,121,357 4.0
8 Guardian 5,659,748 2.0
9 Massachusetts Mutual Life Insurance Co. 5,564,758 2.0
10 Tokio Marine 5,375,000 1.9

(1) Based on U.S. total, excluding territories.

Source: NAIC data, sourced from S&P Global Market Intelligence, Insurance Information Institute.

 

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