Largest Life Insurance Companies (2025)

Name: Largest Life Insurance Companies in the U.S. by Total Assets in 2023
Creator: ConsumerShield Research Team
License: https://creativecommons.org/licenses/by-sa/4.0/

Discover the largest life insurance companies by assets in 2023. Learn which tops the list for financial strength and how that ensures customer security.

Research Team

ConsumerShield

Reviewed By Bryan Driscoll

Contributor

September 17, 2025 Read in 2 mins

Largest Life Insurance Companies in the U.S. by Total Assets in 2023

www.consumershield.com

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Sources: Life Insurers Fact Book 2024

Data Share

Research Insurance

Largest Life Insurance Companies in the U.S.
Massachusetts Mutual and Beyond
Significance of the Biggest Life Insurance Companies
Choosing a Reliable Insurer
Conclusion

What are the largest life insurance companies? Quick Answer

The largest life insurance companies are Prudential Financial with $531 billion in assets, followed by New York Life with $422 billion, and MetLife Inc. with $415 billion.

Largest Life Insurance Companies in the U.S.

From the most recent data in the American Council of Life Insurers 2024 Fact Book, the leader of the list is Prudential Financial, with assets of $531 billion. Close behind are New York Life and MetLife, Inc. with assets of $422 billion and $415 billion. These firms offer a wide range of options and have the financial stability needed to support their customers over the long term.

Massachusetts Mutual and Beyond

Massachusetts Mutual and TIAA-CREF are close behind, with assets of $385 billion and $364 billion. Other large life insurance companies in the U.S. like Northwestern Mutual, Corebridge Financial, and Lincoln Financial follow, each handling assets between about $293 and $359 billion. These companies are key players in the insurance market, providing everything from life insurance to retirement plans to their customers.

Significance of the Biggest Life Insurance Companies

The amount of money an insurance company manages, known as its assets, is a main indicator of its trust. When an insurer like Jackson National or Manulife Financial has assets over $280 billion, it shows they are financially strong. This means they can pay out claims, even in challenging times, which helps customers feel more secure and confident in their choice of insurer.

Choosing a Reliable Insurer

When choosing a life insurance company, it’s important to consider how financially stable the company is. Companies like Transamerica Corporation and Pacific Life, which are among the largest life insurance companies by assets, are generally viewed as more reliable. This means they are well prepared to pay out claims, giving customers confidence that they can depend on their insurer when needed.

Conclusion

Knowing the asset size of life insurance companies is crucial because it shows that they can support you when you need it most. This list of the biggest life insurance companies provides a helpful guide for anyone wanting to find a dependable insurer to protect their future.