Best's Rankings
U.S. Life/Health - Top 25 Insurers’ 2020 Investment Returns - 2021 Edition
Insurers are ranked by 2020 total admitted assets.
($ Thousands)
2020
Rank |
2019
Rank |
Company/Group |
AMB# |
Total
Admitted
Assets |
Pre-Tax
Investment
Total
Return |
Gross Yield |
Net Yield |
Bonds |
Common Stock |
Preferred Stock |
Mortgages |
Contract
Loans &
Premium
Notes |
Cash &
Short-Term
Investments |
1 |
1 |
Prudential of America Group |
070189 |
$680,214,029 |
3.20% |
3.79% |
3.20% |
3.76% |
1.19% |
6.88% |
3.92% |
4.81% |
1.44% |
2 |
2 |
MetLife Life Ins Companies |
070192 |
455,631,385 |
4.70 |
5.00 |
4.60 |
4.12 |
28.83 |
5.04 |
4.19 |
5.22 |
0.92 |
3 |
3 |
New York Life Group |
069714 |
371,524,092 |
4.80 |
4.32 |
3.90 |
3.94 |
1.89 |
4.61 |
4.25 |
5.28 |
0.66 |
4 |
5 |
Massachusetts Mutual Life Group |
069702 |
352,025,659 |
6.00 |
4.67 |
4.30 |
4.28 |
6.14 |
4.19 |
4.57 |
6.34 |
1.93 |
5 |
4 |
TIAA Group* |
070362 |
341,257,483 |
4.30 |
4.76 |
4.30 |
4.49 |
2.07 |
4.64 |
4.14 |
4.16 |
0.16 |
6 |
6 |
AIG Life & Retirement Group |
070342 |
327,189,170 |
5.40 |
4.62 |
4.40 |
4.68 |
2.84 |
4.67 |
4.23 |
5.85 |
4.63 |
7 |
8 |
Lincoln Finl Group |
070351 |
315,122,559 |
4.30 |
4.48 |
3.80 |
4.39 |
11.09 |
5.96 |
4.25 |
5.68 |
0.54 |
8 |
7 |
Northwestern Mutual Group |
069515 |
308,874,476 |
5.30 |
4.63 |
4.20 |
3.78 |
3.91 |
5.98 |
4.22 |
6.64 |
0.85 |
9 |
9 |
John Hancock Life Insurance Group |
069542 |
302,129,970 |
8.30 |
4.77 |
4.10 |
4.25 |
1.14 |
0.00 |
4.82 |
6.15 |
0.43 |
10 |
10 |
Jackson Natl Group |
069578 |
297,086,121 |
-1.00 |
5.31 |
4.70 |
3.96 |
3.39 |
0.00 |
4.04 |
8.78 |
1.07 |
11 |
11 |
Equitable Life Group |
070194 |
241,971,513 |
5.90 |
1.99 |
1.70 |
3.69 |
6.68 |
6.88 |
4.22 |
5.37 |
1.01 |
12 |
12 |
Aegon USA Group |
069707 |
233,782,746 |
5.00 |
5.06 |
4.60 |
4.34 |
1.67 |
7.73 |
4.46 |
5.67 |
1.01 |
13 |
13 |
Principal Finl Group Inc. |
020516 |
224,987,817 |
4.10 |
4.29 |
4.00 |
3.90 |
0.98 |
6.26 |
4.23 |
4.97 |
0.69 |
14 |
14 |
Nationwide Mutual Life Group |
070822 |
210,862,179 |
2.90 |
4.32 |
4.00 |
3.90 |
3.42 |
2.24 |
4.26 |
4.74 |
0.57 |
15 |
15 |
Brighthouse Ins Group |
070516 |
207,293,956 |
7.40 |
4.33 |
3.90 |
4.17 |
5.44 |
6.03 |
4.28 |
4.33 |
0.99 |
16 |
16 |
Allianz Life Ins Group |
070187 |
177,603,524 |
3.90 |
4.11 |
3.90 |
4.26 |
4.34 |
0.00 |
4.33 |
5.01 |
0.54 |
17 |
17 |
Pacific Life Group |
069720 |
166,957,014 |
3.30 |
3.90 |
3.60 |
4.29 |
2.60 |
6.07 |
5.16 |
4.83 |
0.48 |
18 |
18 |
Voya Finl Group |
070153 |
144,394,924 |
4.60 |
5.19 |
4.80 |
4.90 |
117.13 |
6.28 |
4.31 |
5.54 |
0.52 |
19 |
19 |
Talcott Resolution Group |
070116 |
126,988,913 |
4.00 |
4.64 |
4.40 |
4.37 |
14.05 |
7.01 |
4.28 |
5.66 |
0.77 |
20 |
20 |
Ameriprise Finl Group |
069689 |
125,213,551 |
6.60 |
4.16 |
4.00 |
4.09 |
26.56 |
0.00 |
4.38 |
3.71 |
0.63 |
21 |
23 |
Athene US Life Group |
070478 |
115,011,458 |
4.70 |
5.12 |
4.60 |
4.41 |
4.30 |
5.25 |
4.87 |
6.40 |
0.59 |
22 |
21 |
Sammons Enterprises Group |
070533 |
113,633,438 |
4.00 |
4.88 |
4.40 |
4.49 |
2.43 |
5.04 |
4.58 |
5.46 |
2.58 |
23 |
22 |
Thrivent Finl for Lutherans |
006008 |
109,324,607 |
4.60 |
4.44 |
4.30 |
3.77 |
6.02 |
5.66 |
4.59 |
7.18 |
0.67 |
24 |
27 |
Global Atlantic Group |
069786 |
94,300,324 |
4.30 |
4.02 |
3.80 |
3.75 |
3.26 |
4.35 |
4.67 |
4.99 |
1.81 |
25 |
24 |
Protective Life Group |
069728 |
90,488,814 |
4.40 |
4.48 |
4.10 |
4.31 |
13.96 |
4.65 |
4.83 |
5.63 |
0.51 |
|
|
Top 25 Insurers |
|
$6,133,869,722 |
4.68 |
4.50 |
4.18 |
4.17 |
7.15 |
5.16 |
4.33 |
5.85 |
1.04 |
|
|
Total U.S. Life/Health Industry |
|
$8,152,533,334 |
4.70 |
4.50 |
4.10 |
4.22 |
6.20 |
5.52 |
4.42 |
5.92 |
1.07 |
* TIAA’s assets are significantly understated. Most of its separate account assets are in affiliate, CREF.
Note: Data for some companies in this report has been received from the NAIC.
Source: Statement File - L/H, US; data as of: Sept. 27, 2021