2016’s top 10 life insurance providers ranked by NAIC
March 28, 2017 by Elana Ashanti Jefferson
Insurance and finance industry watchers who follow the annual rankings of top life insurance and annuities providers from the National Association of Insurance Commissioners (NAIC) may find little surprise in the organization’s latest numbers for 2016.
Once again, Metropolitan Group topped the NAIC’s life insurer market share list, which ranks the top 25 carriers by direct premiums written in 2016.
Despite the fact that revenue for MetLife’s direct premiums written in 2016 was up only slightly over the previous year, from roughly $3.8 billion in 2015 to roughly $3.9 billion in 2016, the New York City-based insurer continued to dominate cumulative market share, with 44.38% in 2016.
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