Life Insurance Carriers Industry
Insights from D&B Hoovers

Industry Analysis

Description

Companies in this industry underwrite life insurance and related products including annuities, long-term care, disability, and accidental death and dismemberment policies. Major companies include MetLife, New York Life, and Prudential Financial (all based in the US), as well as AEGON (the Netherlands), AXA (France), Nippon Life (Japan), and Prudential (UK).

Competitive Landscape

Demand is driven by demographics and the economy. The profitability of individual companies depends on effective marketing and investment strategies and on the ability to accurately estimate future payments. Large companies take advantage of economies of scale in administration and in access to capital, as well as advertising and marketing. Small companies can compete successfully by providing specialized services to communities and organizations, such as current and former military personnel, church affiliations, and fraternal organizations. The US industry is highly concentrated: the largest 50 firms generate more than 90% of industry revenue.

Products, Operations & Technology

Major products include annuities (about 50% of industry revenue) and life insurance policies (about 30%). Other products include accident, supplemental health, and disability policies.

Geographic Segmentation

See where the Life Insurance Carriers industry is concentrated geographically and research companies by financials and key corporate data.
Life Insurance Carriers Companies in this Country/Region:
Top Life Insurance Carriers Companies:
$97,099.64M | Hong Kong
$93,588.33M | Switzerland
$74,216.96M | Japan
$72,921.00M | Switzerland
$69,620.00M | United States
$67,632.90M | Canada
$65,212.74M | Japan
$64,807.00M | United States
$49,728.34M | Liechtenstein
$49,728.34M | Switzerland
$44,675.00M | United States
$32,831.44M | United Kingdom
$32,831.44M | Japan
$32,717.00M | Switzerland
$32,603.00M | United States
$31,003.87M | United States

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