25 Largest Life Insurance Companies in 2024 - NerdWallet (2024)

Term life.Whole life.Universal life.Variable universal life.

10.71%

Term life.Whole life.Universal life.Variable universal life.

7.22%

Term life.Whole life.Universal life.Variable universal life.

6.44%

Term life.Universal life.Variable universal life.Indexed universal life.Indexed variable universal life.

5.08%

Term life.Universal life.Variable universal life.Indexed universal life.

3.98%

Term life.Whole life.Universal life.

3.58%

Term life.Whole life.Universal life.Variable universal life.

3.25%

Term life.Universal life.Variable universal life.Indexed universal life.

2.98%

Term life.Whole life.Variable universal life.Indexed universal life.

2.85%

Term life.Universal life.Variable universal life.Indexed universal life.

2.75%

Term life.Whole life.Universal life.Variable universal life.Indexed universal life.

2.63%

12. Corebridge Financial (formerly AIG Life)

Term life.Whole life.Variable universal life.Indexed universal life.Guaranteed universal life.

2.10%

Term life.Whole life.Universal life.Variable universal life.

2.08%

Life insurance offered through workplace plans only.

1.97%

Term life.Whole life.Variable universal life.Indexed universal life.Guaranteed universal life.

1.90%

16. National Life Group

4.5

NerdWallet rating

Term lifeWhole lifeUniversal lifeVariable universal lifeIndexed universal life

1.84%

Term life.

1.81%

18. Equitable (formerly AXA)

Term life.Variable universal life.Indexed universal life.

1.71%

Term life.Whole life.Universal life.

1.59%

Term life.Whole life.

1.57%

Term life.Indexed universal life.Guaranteed universal life.

1.34%

Term life.Whole life.Universal life.

1.25%

Term life.Universal life.Variable universal life.Indexed universal life.

1.24%

Term life.Whole life.Indexed universal life.

1.19%

25. Western & Southern Life

3.0

NerdWallet rating

Term life.Whole life.Universal life.Indexed universal life.

1.17%

Source: S&P Global Market Intelligence, compiled March 28, 2024. Market share is based on 2023 direct ordinary premiums, from U.S. subsidiaries only.

25 Largest Life Insurance Companies in 2024 - NerdWallet (2024)
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