Leading life insurance companies in the U.S. 2017, by assets

Largest life insurance companies in the United States in 2017, by assets (in billion U.S. dollars)

Leading life insurance companies in the U.S. 2017, by assets The statistic presents the largest life insurance companies in the United States in 2017, by assets. In that year, Prudential Financial was the largest life insurance company in the U.S., with assets amounting to approximately 596 billion U.S. dollars.
Life insurance - additional information

Life insurance is an important component of basic financial planning and acts as a form of protection against the loss of income resulting from the death of an insured individual. The person named as the beneficiary of the deceased receives the proceeds and is therefore protected against any financial impact that may result from the death.

There are different forms of life insurance offered by life insurance companies. Some life insurance policies provide coverage at fixed payments for a length of time that it defined when the policy is initially taken out. After expiration of the fixed period, the previous rate of premiums can be no longer guaranteed to the insured and they are required to either forgo their coverage or accept different terms or conditions. This form of insurance is known as term insurance. Permanent or whole life insurance, on the other hand, is a form which provides the insured with life-long coverage. Term insurance is cheaper than whole life insurance as it is not designed to pay out in all cases. Many people decide to take out fixed-term policies due to their low cost nature.
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Largest life insurance companies in the United States in 2017, by assets (in billion U.S. dollars)

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Total assets in billion U.S. dollars
Prudential Financial595.55
MetLife, Inc. 427.45
New York Life 320.5
TIAA-CREF 307.31
American International Group 290.02
Manulife Financial 272.03
Northwestern Mutual 265.15
Lincoln Financial 254.93
Massachusetts Mutual 251.81
Jackson National 241.57
Transamerica Corporation 217.57
Voya Financial 200.58
AXA Financial 199.79
Brighthouse Financial193.75
Principal Financial 189.32
Nationwide 171.24
Hartford Life, Inc. 158.75
Allianz 141.29
Pacific Life 135.24
AFLAC 114.37
Ameriprise Financial 113.64
Thrivent Financial For Lutherans 94.81
Sammons Financial 82.1
Guardian 76.68
State Farm 76
Total assets in billion U.S. dollars
Prudential Financial595.55
MetLife, Inc. 427.45
New York Life 320.5
TIAA-CREF 307.31
American International Group 290.02
Manulife Financial 272.03
Northwestern Mutual 265.15
Lincoln Financial 254.93
Massachusetts Mutual 251.81
Jackson National 241.57
Transamerica Corporation 217.57
Voya Financial 200.58
AXA Financial 199.79
Brighthouse Financial193.75
Principal Financial 189.32
Nationwide 171.24
Hartford Life, Inc. 158.75
Allianz 141.29
Pacific Life 135.24
AFLAC 114.37
Ameriprise Financial 113.64
Thrivent Financial For Lutherans 94.81
Sammons Financial 82.1
Guardian 76.68
State Farm 76
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The statistic presents the largest life insurance companies in the United States in 2017, by assets. In that year, Prudential Financial was the largest life insurance company in the U.S., with assets amounting to approximately 596 billion U.S. dollars.
Life insurance - additional information

Life insurance is an important component of basic financial planning and acts as a form of protection against the loss of income resulting from the death of an insured individual. The person named as the beneficiary of the deceased receives the proceeds and is therefore protected against any financial impact that may result from the death.

There are different forms of life insurance offered by life insurance companies. Some life insurance policies provide coverage at fixed payments for a length of time that it defined when the policy is initially taken out. After expiration of the fixed period, the previous rate of premiums can be no longer guaranteed to the insured and they are required to either forgo their coverage or accept different terms or conditions. This form of insurance is known as term insurance. Permanent or whole life insurance, on the other hand, is a form which provides the insured with life-long coverage. Term insurance is cheaper than whole life insurance as it is not designed to pay out in all cases. Many people decide to take out fixed-term policies due to their low cost nature.
Show more
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