The NAIC’s Top 7 U.S. Life Insurers of 2018
March 5, 2019 by Allison Bell
The seven biggest players in the U.S. life insurance market ended up with a slightly smaller share of direct life insurance premium revenue in 2018 than they captured in 2017.
The insurers’ direct life insurance premium revenue fell to $60.6 billion, down 1.4% from the 2017 total. Their share of the U.S. life market fell to 36.3%, from 36.4%.
The National Association of Insurance Commissioners, a group for state insurance regulators, develops the market share rankings to help regulators identify the leading insurance writers and keep tabs on how healthy the level of competition is.