5 Largest Insurance Companies in the US by Assets in 2024
1. MetLife: MetLife is a multinational insurance corporation headquartered in New York City.
It offers a wide range of insurance products and services, including life insurance, annuities, retirement planning, and employee benefits.
With a long history dating back to 1868, MetLife has established itself as one of the largest and most reputable insurance companies in the world, serving millions of customers globally.
2. Prudential Financial: Prudential Financial, based in Newark, New Jersey, is a leading provider of insurance, investment management, and other financial services.
It offers life insurance, annuities, retirement planning solutions, and asset management services to individuals, businesses, and institutions.
Prudential has a strong presence in the US market and is known for its innovative products and customer-centric approach.
3. Berkshire Hathaway: Berkshire Hathaway, led by renowned investor Warren Buffett, is a conglomerate holding company with diverse business interests, including insurance.
Berkshire Hathaway owns several insurance subsidiaries, such as GEICO, a major auto insurer, and Berkshire Hathaway Assurance, providing various insurance and reinsurance products.
The company's solid financial performance and strategic investments have contributed to its status as one of the largest corporations globally.
4. New York Life Insurance Company: New York Life is a mutual life insurance company headquartered in New York City.
It is one of the oldest and largest life insurance companies in the US, offering a range of insurance and investment products to individuals, families, and businesses.
New York Life's financial strength, stability, and customer-centric approach have earned it a reputation as a trusted provider of insurance solutions.
5. Northwestern Mutual: Northwestern Mutual is a mutual insurance company based in Milwaukee, Wisconsin.
It specializes in life insurance, disability income insurance, long-term care insurance, annuities, and investment products.
Northwestern Mutual is known for its financial strength, long-term focus, and commitment to helping clients achieve financial security and success.
It has a network of financial advisors who provide personalized guidance and support to customers nationwide.
These five companies represent the pinnacle of the insurance industry in the US, combining financial strength, product innovation, and customer service excellence to meet the diverse insurance needs of individuals and businesses.