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Principles of Risk Management and Insurance, 13th Edition by Michael McNamara, George E. Rejda

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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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