Below are the top 50 insurance companies and best insurance companies in the United States ranked by total assets. Metlife is the largest insurance company in the US based on assets and direct premiums written. The company offers a wide array of insurance products and services including life and health insurance, accident insurance, auto insurance, home insurance as well as annuities and retirement and savings products. Prudential, based in Newark, is the second largest insurance company in the US with assets of over $796 billion. With more than 48,000, employees, it has about $3.5 trillion of gross life insurance in force.
|Rank||Company||Total assets, US$b||Balance sheet|
|4||American International Group (AIG)||510.349||06/30/2016|
|5||New York Life||305.724||06/30/2016|
|6||Manulife Financial (U.S. Division)||291.374||06/30/2016|
|9||Aegon Americas (1)||247.728||06/30/2016|
|10||State Farm Group||241.183||12/31/2015|
|13||Jackson National (2)||236.526||06/30/2016|
|15||Principal Financial Group||223.074||06/30/2016|
|16||Voya Financial (3)||217.065||06/30/2016|
|17||AXA Equitable Life Insurance Co||207.042||06/30/2016|
|20||Allianz Life Insurance Co of North America||137.300||12/31/2015|
|21||Pacific Mutual Holding Company||137.279||12/31/2015|
|22||USAA (United Services Automobile Association)||137.076||12/31/2015|
|23||Liberty Mutual Holding Company||127.078||06/30/2016|
|30||Protective Life Corp (4)||74.374||06/30/2016|
|33||Reinsurance Group of America (RGA)||53.877||06/30/2016|
|34||American Equity Investment Life||53.721||06/30/2016|
|35||American Financial Group||52.733||06/30/2016|
|36||Guardian Life Insurance Co of America||49.147||03/31/2016|
|37||Western & Southern Financial Group||42.300||12/31/2015|
|40||Mutual of Omaha||38.010||06/30/2016|
|41||Ohio National Mutual Holdings||36.361||12/31/2015|
|42||OneAmerica Financial Partners||34.443||03/31/2016|
|43||CNO Financial Group||32.023||06/30/2016|
|46||NLV Financial Corporation||26.785||06/30/2016|
|47||Fidelity & Guaranty Life||26.338||06/30/2016|
|49||American National Insurance Company (ANICO)||24.287||06/30/2016|
|51||Ambac Financial Group||23.199||06/30/2016|
|52||Stancorp Financial Group (5)||23.174||12/31/2015|
|53||W.R. Berkley Corporation||23.026||06/30/2016|
1 - Aegon Americas operates under the Transamerica brand.
2 - Jackson National Life Insurance Company is a subsidiary of Prudential plc, British insurer.
3 - Voya Financial, Inc was formerly known as ING U.S.
4 - Protective Life operates as a subsidiary of Dai-ichi Life Insurance Company.
5 - StanCorp was acquired by Meiji Yasuda Life Insurance Company in March 2016.