March 2016
Intermediate to advanced
700 pages
144h 54m
English
Content preview from Principles of Risk Management and Insurance, 13th Edition
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Types of Private Insurers
At the end of 2013, 850 life insurers were doing business in the United States.2 These insurers sell a variety of life and health insurance products, annuities, mutual funds, pension plans, and related financial products. Exhibit 5.1 shows the top 10 U.S. life and health insurance groups ranked by direct premiums written in 2013.
Exhibit 5.1 Top Ten writers of Insurance Annuities By Direct Premium Written, 2013 (in thousands of $)
Rank |
Group/Company |
Direct Premiums Written1 |
Market Share2 |
|---|---|---|---|
1 |
MetLife Inc. |
$85,001,696 |
14.9% |
2 |
Prudential Financial Inc. |
41,407,447 |
7.3 |
3 |
Jackson National Life Group |
25,728,116 |
4.5 |
4 |
AEGON |
24,499,916 |
4.3 |
5 |
Lincoln National Corp. |
24,274,104 |
4.3 |
6 |
New York Life Insurance ... |
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