Top 2019 in the ranking of U.S. retirement annuity insurance companies in 8 (NAIC authoritative data)

Which is the best American retirement annuity insurance company?The policyholder usually asks this question. Based on the sales data of the U.S. annuity insurance market in the past year, NAIC announced to the industry the U.S.Retirement annuity insuranceThe company's market share and sales.American Life Insurance GuideBased on the analysis and sorting of the report, the "Top 2019 American Retirement Annuity Insurance Company Rankings in 8" was released.

Unlike the ranking data of any other commercial ranking and analysis organization, the basis of the ranking of the American retirement annuity insurance company is based on the data report released by the National Association of Insurance Commissioners (NAIC).

Background of Annuity Insurance Ranking

The National Association of Insurance Commissioners, the English name is NAIC.It is a national insurance regulatory agency composed of state insurance bureau managers in all states across the United States.

In the whole year of 2018, all insurance companies registered with NAIC for sales annuities reported an annual premium of $2,760 billion to the NAIC financial database, an increase of 12% over the same period last year.

The NAIC report analysis pointed out the conditions for becoming a top annuity insurance company in the United States:To become a U.S. insurance company within the Top 25 in the U.S., the annual premium of annuity insurance must reach at least $31 billion.

To enter the rankings of American annuity insurance companies within the Top13, the annual premium of annuity insurance must reach at least $81 billion.Which insurance companies have entered this list?Are there any brands we are familiar with?The following Top8 list immediately reveals the answers to these questions.

Top 8 U.S. retirement annuity insurance companies

NAIC fromAnnual premiums, annual annuity insurance market shareTwo latitudes, the performance figures of the national annuity insurance company were announced in 2019. The following are the results ofAmerican Life Insurance GuideAccording to the specific rankings released by the performance report:

#8. Voya (Voya Finance)

( Voya introduction and product evaluation )

Voya, ranked 8th in market share, completed the entire 2018$111 billionOf annuity sales, market share4.05%.

#7. Allianz (Allianz Life Insurance Company of North America)

( Allianz North America Allianz company introduction and product evaluation )

Allianz (North American Allianz Life Insurance Company) completed the$116 billionOf annuity sales to4.21%Its market share ranks 8th in the Top7 list.

#6. New York Life (New York Life)

( New York Life New York Life Company Introduction and Product Reviews )

New York Life (New York Life Insurance Company) completed the$118 billionOf annuity sales to4.28%Its market share ranks 8th in the Top 6 American Annuity Insurance Companies list.

#5. TIAA (Teacher Retirement Foundation of America)

TIAA (Teacher Retirement Foundation of America) completed the$150 billionOf annuity sales to5.46% Of the market share, ranked fifth in the list.

#4. Lincoln Financial Group (Lincoln Financial Group)

(Lincoln Financial Group Lincoln National Life Company Introduction and Product Reviews )

Lincoln Financial Group (Lincoln Financial Group) completed the$169 billionOf annuity sales to6.15%Its market share ranks No. 4 in the list of American annuity insurance companies.

#3. Prudential (Prudential)

( Prudential Prudential/Prudential company introduction and product evaluation )

Prudential (Prudential, also known as Prudential) completed the$176.1 billionOf annuity sales to6.39%In terms of market share, it ranks third in the ranking of American annuity insurance companies.

#2. Jackson National Life

In the Top8 list, Jackson National Life (Jackson National Life Insurance Company) ranked second.In the full year of 2018, Jackson National Life completed$176.3 billionOf annuity sales, the share of the U.S. annuity market is6.39%.

#1. AIG (American International Group)

( AIG American International Group Introduction and Product Evaluation )

The number one American annuity financial insurance company by market share is AIG (American International Group).In the full year of 2018, AIG completed$183 billionOf annuity premiums to6.66%Won the top 8 list of top 2018 annuity market share in the United States. AIG's annual annuity premiums in 19 saw a significant increase of XNUMX% year-on-year.

Summary of the ranking of American annuity insurance companies

Which is the best American retirement annuity insurance company?In fact, there is no absolute answer.In terms of sales alone, the eight insurance companies in the US annuity insurance rankings accounted for the largest share of the entire US annuity market.43.59%.The cumulative annual premiums of the eight giants exceeded US$8 billion, an increase of approximately 1200% from the previous month.

However, in addition to the insurance companies on the list, many small financial insurance companies outside the list have been actively expanding market segments through continuous research and development and iteration of new products with their own characteristics, and have also achieved significant growth. According to the NAIC report, small Annuity premiums of financial insurance companies throughout the yearUp 15%, Which effectively grabbed the premium share of the eight giants.

Thanks to the fully open market environment and fierce market competition in the United States, as policyholders, the problem we face nowadays is no longer whether we can buy it or not, and where can we buy it, which stems from resource-poor social belts. The problem comes.

Due to the insurance law and the Insurance Bureau, under the premise of correct and reasonable design of insurance plans, the gap between various annuity insurance products is not as large as expected, and the homogeneity of products on the market is also very serious.In the face of a dazzling array of American insurance company brands and a dizzying variety of retirement annuity insurance products, for every insured person, our insurance focus has shifted to "Which product might be more beneficial to me?""Which insurance company’s main insurance group represents my social status and class?""Which financial insurance company’s values are more in line with our philosophy?"Wait for these different levelsValue choiceon.

An insurance company determined by the policyholder’s value selection is the best American insurance company in the minds of different policyholders.

American Life Insurance GuideThe community and insurGur online insurance academy will continue to upholdFounding idea, Adhere to the interpretation of professional reports and evaluations, industry authoritative reports, to deliver first-hand information on American finance and insurance to policyholders, and to share professionalInsurance experience and insurance concept, To help every insured person find a financial insurance product that is truly suitable for himself and his family.

appendix
01. "NATIONAL ASSOCIATION OF INSURANCE COMMISSIONERS LIFE AND FRATERNAL INSURANCE INDUSTRY 2018 TOP 25 GROUPS AND COMPANIES BY COUNTRYWIDE PREMIUM", 2019, https://bit.ly/2FZcJ1w

Your rating?Please click the star to rate

[Total votes: 5 The average score: 4.6]

Visitors: 8,079