The top 10 large-group life insurance carriers in the U.S.
March 11, 2015 11:40 AM
A note on the following numbers
Premiums listed for the following insurance companies are based on Form 5500 Schedule A data for large-group business submitted to the Department of Labor. As such, groups under 100 lives, government entities and church plans are not required to file. Any disclosure on Schedule C's are also not contemplated in these numbers.
10) Sun Life Financial
Total market share: 2.31%
In-force life premium: $246,084,419
In-force life premium: $246,084,419
9) The Standard
Total market share: 2.63%
In-force life premium: $280,577,066
In-force life premium: $280,577,066
8) Lincoln Financial Group
Total market share: 2.83%
In-force life premium: $301,991,709
In-force life premium: $301,991,709
7) The Hartford
Total market share: 3.93%
In-force life premium: $419,145,487
In-force life premium: $419,145,487
6) Aetna
Total market share: 3.93%
In-force life premium: $419,809,664
In-force life premium: $419,809,664
5) Unum
Total market share: 4.26%
In-force life premium: $454,238,440
In-force life premium: $454,238,440
4) Minnesota Life
Total market share: 7.87%
In-force life premium: $840,053,154
In-force life premium: $840,053,154
3) Cigna
Total market share: 9.64%
In-force life premium: $1,028,162,381
In-force life premium: $1,028,162,381
2) Prudential
Total market share: 15.85%
In-force life premium: $1,691,686,157
In-force life premium: $1,691,686,157
1) MetLife
Total market share: 32.64%
In-force life premium: $3,482,502,042
In-force life premium: $3,482,502,042
