Prudential Financial was the largest insurance company in the United States in 2019, with total assets amounting to just over 940 billion U.S. dollars. Berkshire Hathaway and Metlife secured second and third place, respectively.
Who are Prudential Financial?
Prudential Financial is a financial services company, which was founded in 1875 in New Jersey and remain headquartered in New Jersey. Prudential offer insurance, retirement and investment products. They are one of the largest life insurance companies globally, in terms of market capitalization. Prudential is also the most profitable stock life and health insurance companies in the United States.
The future of Prudential’s assets
Prudential’s assets have been steadily increasing since 2010, although they experienced a slight dip between 2017 and 2018. The assets of Berkshire Hathaway are still on the rise and Metlife’s assets have been falling since 2017, meaning Berkshire Hathaway may take the lead in the near future.
Largest insurance companies in the United States in 2021, by total assets
(in billion U.S. dollars)
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Insider Monkey. (June 30, 2021). Largest insurance companies in the United States in 2021, by total assets (in billion U.S. dollars) [Graph]. In Statista. Retrieved June 30, 2022, from https://www.statista.com/statistics/431580/leading-insurance-companies-usa-by-total-assets/
Insider Monkey. "Largest insurance companies in the United States in 2021, by total assets (in billion U.S. dollars)." Chart. June 30, 2021. Statista. Accessed June 30, 2022. https://www.statista.com/statistics/431580/leading-insurance-companies-usa-by-total-assets/
Insider Monkey. (2021). Largest insurance companies in the United States in 2021, by total assets (in billion U.S. dollars). Statista. Statista Inc.. Accessed: June 30, 2022. https://www.statista.com/statistics/431580/leading-insurance-companies-usa-by-total-assets/
Insider Monkey. "Largest Insurance Companies in The United States in 2021, by Total Assets (in Billion U.S. Dollars)." Statista, Statista Inc., 30 Jun 2021, https://www.statista.com/statistics/431580/leading-insurance-companies-usa-by-total-assets/
Insider Monkey, Largest insurance companies in the United States in 2021, by total assets (in billion U.S. dollars) Statista, https://www.statista.com/statistics/431580/leading-insurance-companies-usa-by-total-assets/ (last visited June 30, 2022)