Peter MokoenaThe U.S. insurance industry is one of the most powerful pillars of the global financial system, safeguarding individuals, families, and businesses against life’s uncertainties. From life and health to property and casualty, these companies manage trillions in assets and shape how Americans plan for the future.
America’s top insurance companies are the most influential players based on financial strength, market reach, innovation, and customer trust. Whether you’re an investor, policyholder, or industry observer, this guide offers a comprehensive snapshot of the firms driving protection and prosperity across the nation.
Top 50 Insurance Companies In The US
1: Berkshire Hathaway Inc.
Berkshire Hathaway is the undisputed titan of U.S. insurance, with subsidiaries like GEICO, Gen Re, and National Indemnity. Its vast asset base—over $1.15 trillion—gives it unmatched financial firepower. Led by Warren Buffett’s legacy of disciplined investing, the company thrives in both primary insurance and reinsurance. Its conservative underwriting and long-term capital strategy make it a fortress in volatile markets, while its float fuels investments across industries.
2: Prudential Financial, Inc.
Prudential is a global leader in life insurance, retirement planning, and asset management. With over $735 billion in assets, it serves millions of customers through innovative products and digital platforms. Known for its “Rock Solid” brand, Prudential blends tradition with tech-forward solutions. Its strong presence in institutional markets and individual financial wellness programs positions it as a trusted advisor in an increasingly complex financial landscape.
3: Manulife Financial Corporation (John Hancock)
Operating in the U.S. under the John Hancock brand, Manulife is a major force in life insurance and wealth management. With assets topping $680 billion, it’s known for its customer-first approach and digital innovation. The company has embraced behavioral-based insurance models, rewarding healthy lifestyles. Its rapid asset growth and strategic expansion into retirement and investment services make it a standout among cross-border insurers.
4: MetLife, Inc.
MetLife remains one of the most iconic names in insurance, offering life, dental, disability, and auto coverage. Despite a slight dip in assets to $677 billion, it continues to lead in group benefits and global markets. The company’s focus on employee wellness, digital claims processing, and ESG initiatives has helped it stay competitive. MetLife’s diversified portfolio and strong brand recognition make it a pillar of the industry.
5: Great-West Lifeco Inc. (Empower)
Through Empower Retirement and other subsidiaries, Great-West Lifeco has carved out a dominant position in retirement services. With $557 billion in assets, it’s one of the fastest-growing insurers in North America. The company focuses on personalized financial planning, workplace benefits, and investment solutions. Its acquisition strategy and tech-driven platforms have helped it scale rapidly, making it a formidable player in both U.S. and Canadian markets.
6: Lincoln National Corporation
Lincoln Financial Group offers a wide range of life insurance, annuities, and retirement solutions. With $390 billion in assets, it’s known for its advisor-centric model and commitment to financial literacy. Lincoln emphasizes customer education, digital tools, and inclusive financial planning. Its steady growth and focus on middle-market consumers make it a resilient and respected name in the insurance space.
7: Corebridge Financial, Inc.
A spin-off from AIG, Corebridge has quickly become a heavyweight in retirement and life insurance. With nearly $390 billion in assets, it focuses on helping Americans achieve financial security through annuities, investment products, and group retirement plans. Corebridge’s agile structure and tech-forward approach allow it to respond quickly to market shifts, making it one of the most dynamic insurers in the U.S.
8: Athene Holding Ltd.
Athene specializes in retirement services, particularly fixed and indexed annuities. With $363 billion in assets—and the highest growth rate among the top 10—it’s a rising star in the insurance world. Backed by Apollo Global Management, Athene leverages alternative investments to boost returns. Its aggressive expansion and innovative product design have made it a disruptor in the traditional annuity market.
9: Jackson Financial Inc.
Jackson is a leading provider of annuities and retirement planning tools. With $338 billion in assets, it focuses on helping Americans navigate longevity risk and income planning. The company is known for its advisor support, educational resources, and flexible product offerings. Jackson’s commitment to transparency and financial empowerment has earned it a loyal customer base and strong industry reputation.
10: Principal Financial Group, Inc.
Principal offers insurance, retirement, and asset management services to individuals and businesses. With $313 billion in assets, it’s a diversified financial services firm with a global footprint. Principal emphasizes ESG investing, inclusive financial planning, and digital transformation. Its strong performance in workplace benefits and investment management makes it a key player in helping people build and protect wealth.
11: New York Life Insurance Company
As one of the largest mutual life insurers in the U.S., New York Life boasts over $300 billion in assets and a legacy of trust dating back to 1845. It specializes in life insurance, retirement income, and long-term care. Being a mutual company means it’s owned by policyholders, not shareholders, allowing it to prioritize long-term stability and customer value. Its strong dividend history and financial ratings make it a gold standard in the industry.
12: Nationwide Mutual Insurance Company
Nationwide is a diversified insurer offering auto, home, life, and commercial insurance. With assets exceeding $270 billion, it’s known for its catchy slogan “Nationwide is on your side” and strong customer service. As a mutual company, it reinvests profits into member benefits and innovation. Nationwide has embraced digital transformation, offering streamlined claims and policy management tools. Its broad product portfolio and national presence make it a household name in American insurance.
13: MassMutual (Massachusetts Mutual Life Insurance Company)
MassMutual is a mutual life insurance company with over $250 billion in assets. It focuses on life insurance, disability income, and retirement planning. Known for its financial strength and customer-first philosophy, MassMutual consistently ranks high in customer satisfaction. It’s also a leader in diversity and inclusion initiatives within the industry. The company’s commitment to long-term value and community impact sets it apart from shareholder-driven competitors.
14: State Farm Insurance
State Farm is the largest auto and home insurer in the U.S., with over $240 billion in assets. Its massive network of agents and strong brand recognition make it a dominant force in property and casualty insurance. As a mutual company, it emphasizes customer loyalty and community involvement. State Farm is also investing heavily in AI-driven claims processing and digital tools to enhance customer experience and operational efficiency.
15: TIAA (Teachers Insurance and Annuity Association of America)
TIAA serves the academic, medical, and nonprofit sectors with retirement and insurance products. With assets exceeding $230 billion, it’s a leader in financial services for educators and researchers. TIAA’s focus on long-term financial wellness and ethical investing has earned it a loyal client base. Its annuity offerings and retirement planning tools are among the most trusted in the industry, and its nonprofit roots shape its mission-driven approach.
16: Guardian Life Insurance Company of America
Guardian Life is a mutual company offering life, disability, dental, and vision insurance. With assets around $220 billion, it’s known for its strong financial ratings and customer-centric philosophy. Guardian emphasizes holistic financial wellness and has expanded its digital capabilities to support advisors and clients. Its commitment to mutuality and long-term value makes it a reliable choice for individuals and businesses seeking comprehensive coverage.
17: American International Group (AIG)
AIG is a global insurance giant with a strong U.S. presence in commercial, life, and retirement products. With assets over $210 billion, it’s undergoing a strategic transformation, including the spin-off of Corebridge Financial. AIG focuses on risk management, specialty lines, and multinational coverage. Despite past challenges, it remains a key player in corporate insurance and reinsurance, with a renewed emphasis on operational efficiency and customer trust.
18: Northwestern Mutual Life Insurance Company
Northwestern Mutual is a mutual life insurer with assets exceeding $200 billion. It’s renowned for its financial planning services and strong dividend history. The company blends traditional life insurance with modern wealth management, offering personalized strategies for long-term financial security. Its advisor network and digital planning tools make it a leader in holistic financial wellness. Northwestern Mutual consistently ranks high in customer satisfaction and financial strength.
19: Allstate Corporation
Allstate is a major player in auto, home, and life insurance, with assets around $190 billion. Known for its “You’re in good hands” slogan, Allstate combines strong branding with tech-driven innovation. It’s investing heavily in telematics, AI, and digital claims processing. Allstate also offers financial products through its subsidiary, Allstate Financial. Its broad reach and commitment to modernization make it a formidable competitor in personal lines insurance.
20: USAA (United Services Automobile Association)
USAA serves military members and their families with auto, home, life, and banking services. With assets nearing $180 billion, it’s known for exceptional customer service and loyalty. USAA’s membership model fosters deep trust and community engagement. It consistently ranks among the top insurers for customer satisfaction and digital experience. Its focus on serving those who serve makes it a unique and respected institution in the insurance world.
21: Humana Inc.
Humana is a leading health insurer focused on Medicare Advantage, Medicaid, and wellness programs. With assets over $170 billion, it’s known for its integrated care model and emphasis on preventive health. Humana blends insurance with clinical services, offering members access to primary care, pharmacy, and behavioral health. Its strategic partnerships and tech-driven approach make it a standout in senior care and value-based healthcare delivery.
22: Cigna Group
Cigna is a global health services company offering medical, dental, disability, and pharmacy benefits. With assets exceeding $160 billion, it serves millions through employer-sponsored plans and government programs. Cigna’s acquisition of Express Scripts expanded its pharmacy benefit management capabilities. The company focuses on affordability, access, and whole-person health, using data analytics and virtual care to improve outcomes and reduce costs across its vast network.
23: UnitedHealth Group (UnitedHealthcare)
UnitedHealth Group, through its UnitedHealthcare division, is the largest health insurer in the U.S. by revenue. With assets around $150 billion, it serves individuals, employers, and government programs. UnitedHealthcare emphasizes data-driven care coordination, digital health tools, and population health management. Its integration with Optum, a health services arm, allows it to deliver comprehensive care solutions and drive innovation in managed care.
24: Travelers Companies, Inc.
Travelers is a top-tier property and casualty insurer, specializing in commercial, auto, and homeowners insurance. With assets over $140 billion, it’s known for underwriting expertise and risk management tools. Travelers serves businesses of all sizes and offers tailored coverage for industries like construction, energy, and technology. Its investment in predictive analytics and climate risk modeling positions it as a leader in insuring complex risks.
25: Liberty Mutual Insurance Group
Liberty Mutual is one of the largest property and casualty insurers in the U.S., with assets around $135 billion. It offers personal and commercial lines, including auto, home, and workers’ compensation. Liberty Mutual is investing heavily in AI, telematics, and digital claims processing. Its global footprint and strong brand make it a key player in both domestic and international insurance markets.
26: Ameriprise Financial, Inc.
Ameriprise combines insurance with wealth management, offering life insurance, annuities, and financial planning. With assets exceeding $130 billion, it focuses on helping clients achieve long-term financial goals. Ameriprise’s advisor network and personalized planning tools make it a trusted name in retirement and estate planning. Its strong capital position and customer loyalty contribute to its steady growth in the insurance sector.
27: Genworth Financial, Inc.
Genworth specializes in long-term care insurance and mortgage insurance. With assets around $125 billion, it plays a critical role in helping Americans plan for aging and homeownership. Genworth has faced regulatory and financial challenges but remains a key provider in niche markets. Its focus on elder care and financial resilience makes it a unique and important player in the insurance landscape.
28: Globe Life Inc.
Globe Life offers life and supplemental health insurance, primarily through direct-to-consumer channels. With assets over $120 billion, it targets middle-income families with affordable coverage. The company’s subsidiaries, including American Income Life and Liberty National, serve millions across the U.S. Globe Life’s efficient distribution model and strong underwriting discipline contribute to its consistent profitability and growth.
29: Voya Financial, Inc.
Voya provides retirement, investment, and insurance solutions, with assets nearing $115 billion. It focuses on workplace benefits, group life insurance, and disability coverage. Voya is known for its commitment to ESG principles and financial inclusion. Its digital platforms and advisor support tools help employers and employees navigate complex benefit landscapes. Voya’s strategic transformation has positioned it as a forward-thinking insurer in the retirement space.
30: AXA Equitable Holdings, Inc. (Equitable)
Equitable offers life insurance, annuities, and investment products, with assets around $110 billion. Formerly part of AXA Group, it now operates independently in the U.S. Equitable focuses on financial planning and retirement income solutions, serving individuals and institutions. Its advisor network and digital tools support personalized financial strategies. Equitable’s emphasis on education and empowerment makes it a strong advocate for financial wellness.
31: Mutual of Omaha Insurance Company
Mutual of Omaha is a trusted provider of life, health, and Medicare supplement insurance. With assets around $105 billion, it’s known for its strong customer service and conservative financial management. The company has deep roots in middle America and a reputation for reliability. Its focus on senior health products and long-term care makes it a vital player in aging-related coverage. Mutual of Omaha also invests in community programs and financial literacy initiatives.
32: Pacific Life Insurance Company
Pacific Life offers life insurance, annuities, and investment products, with assets exceeding $100 billion. It serves individuals, businesses, and institutional clients with a focus on long-term financial planning. Known for its whale logo and strong brand identity, Pacific Life emphasizes stability and innovation. The company is also a leader in structured settlements and pension risk transfer solutions, helping clients manage longevity and income risk effectively.
33: Unum Group
Unum specializes in workplace benefits, including disability, life, and supplemental health insurance. With assets around $95 billion, it serves millions of employees through employer-sponsored plans. Unum is known for its expertise in income protection and absence management. The company invests heavily in digital tools that streamline claims and HR integration. Its focus on employee wellness and financial resilience makes it a key partner for businesses across the U.S.
34: Colonial Life & Accident Insurance Company
A subsidiary of Unum, Colonial Life focuses on voluntary benefits and supplemental insurance. With assets nearing $90 billion, it provides coverage for accidents, critical illness, and hospital indemnity. Colonial Life works closely with employers to offer customizable benefit packages. Its strong agent network and educational outreach help employees understand and maximize their coverage. The company’s emphasis on affordability and simplicity makes it a popular choice for workplace benefits.
35: Protective Life Corporation
Protective Life offers life insurance, annuities, and asset protection products. With assets over $85 billion, it’s known for its acquisition strategy and efficient operations. The company is a subsidiary of Dai-ichi Life Holdings, giving it global reach and financial backing. Protective focuses on long-term value and customer service, offering flexible solutions for retirement and estate planning. Its disciplined underwriting and investment approach contribute to consistent growth.
36: Brighthouse Financial, Inc.
Brighthouse Financial provides annuities and life insurance, with assets around $80 billion. A spin-off from MetLife, it focuses on helping individuals achieve financial security in retirement. Brighthouse emphasizes simplicity, transparency, and advisor support. Its flagship products include fixed indexed annuities and term life insurance. The company’s streamlined structure and focus on core offerings make it a nimble and customer-focused insurer in a competitive market.
37: Assurant, Inc.
Assurant specializes in niche insurance markets, including renters, mobile devices, and extended warranties. With assets exceeding $75 billion, it partners with retailers, property managers, and telecom providers to deliver embedded insurance solutions. Assurant is known for its agility and innovation, using data analytics to tailor coverage and improve customer experience. Its global footprint and focus on lifestyle protection make it a unique and growing force in the insurance world.
38: Erie Insurance Group
Erie Insurance offers auto, home, and business insurance, primarily in the Midwest and Mid-Atlantic regions. With assets around $70 billion, it’s known for exceptional customer service and agent relationships. Erie emphasizes local presence and personalized coverage. The company consistently ranks high in customer satisfaction and claims handling. Its conservative financial management and community engagement make it a beloved regional insurer with national ambitions.
39: CNA Financial Corporation
CNA provides commercial property and casualty insurance, serving businesses of all sizes. With assets over $65 billion, it’s known for underwriting expertise and risk control services. CNA focuses on industries like healthcare, construction, and technology. The company’s data-driven approach and strong broker relationships help it tailor coverage to complex risks. Its commitment to innovation and financial strength make it a reliable partner for corporate clients.
40: Kemper Corporation
Kemper offers auto, home, and life insurance, with a focus on underserved markets. With assets nearing $60 billion, it serves millions through independent agents and direct channels. Kemper emphasizes affordability and accessibility, making it a key provider for middle-income families. The company is investing in digital transformation and claims automation to improve service and efficiency. Its broad product range and inclusive mission set it apart in the personal lines market.
41: Amica Mutual Insurance Company
Amica is a mutual insurer offering auto, home, and life insurance with assets around $55 billion. Known for its exceptional customer service and claims satisfaction, Amica consistently ranks among the top in consumer surveys. It operates without agents, selling directly to consumers, which helps keep costs low. The company’s conservative financial management and focus on policyholder value make it a quiet but formidable competitor in personal lines insurance.
42: Farmers Insurance Group
Farmers provides auto, home, and small business insurance through a vast network of agents. With assets nearing $52 billion, it’s known for customizable coverage and strong community ties. Farmers invests heavily in digital tools and catastrophe response capabilities. Its training programs for agents and emphasis on local service help it maintain a loyal customer base. The company’s broad reach and adaptive strategy keep it competitive in a crowded market.
43: The Hartford Financial Services Group, Inc.
The Hartford offers property and casualty insurance, group benefits, and mutual funds, with assets over $50 billion. It’s a major provider of small business insurance and disability coverage. The company is known for its commitment to sustainability and veteran hiring initiatives. Hartford’s strong underwriting and risk management capabilities make it a preferred insurer for businesses seeking tailored protection and long-term partnership.
44: Western & Southern Financial Group
Western & Southern provides life insurance, annuities, and investment products, with assets around $48 billion. It operates through subsidiaries like Lafayette Life and Fort Washington Investment Advisors. The company emphasizes financial strength, conservative investing, and personalized service. Its regional focus and deep community involvement make it a trusted name in the Midwest and Southeast. Western & Southern’s steady growth and customer loyalty reflect its long-term commitment to financial security.
45: AXIS Capital Holdings Limited
AXIS Capital is a specialty insurer and reinsurer with assets exceeding $45 billion. It focuses on complex risks, including cyber, marine, aviation, and catastrophe coverage. AXIS serves global clients with tailored solutions and deep underwriting expertise. The company’s emphasis on data analytics and risk modeling helps it stay ahead of emerging threats. Its agile structure and specialty focus make it a key player in high-risk insurance markets.
46: Markel Corporation
Markel is a specialty insurer known for insuring unique and hard-to-place risks. With assets around $43 billion, it covers everything from horse farms to fine art. Markel combines underwriting discipline with a culture of entrepreneurship, often described as a “Berkshire Hathaway of insurance.” Its investment arm, Markel Ventures, adds diversification and long-term value. The company’s niche focus and innovative spirit make it a standout in specialty lines.
47: Tokio Marine Holdings, Inc. (Tokio Marine America)
Tokio Marine operates in the U.S. through subsidiaries like Tokio Marine America and Philadelphia Insurance. With assets over $40 billion, it offers commercial and specialty insurance with a focus on risk control and customer service. The company blends Japanese financial discipline with American market agility. Its strong broker relationships and commitment to innovation make it a respected name in multinational and specialty insurance.
48: Hanover Insurance Group, Inc.
Hanover provides property and casualty insurance for individuals and businesses, with assets nearing $38 billion. It focuses on tailored solutions for small and mid-sized enterprises. Hanover’s agent-centric model and regional expertise help it deliver personalized service. The company invests in digital platforms and predictive analytics to enhance underwriting and claims. Its steady performance and customer-first approach make it a reliable choice in the competitive P&C space.
49: Penn Mutual Life Insurance Company
Penn Mutual is a mutual life insurer with assets around $36 billion. It emphasizes whole life and variable life insurance, serving individuals and financial advisors. Penn Mutual is known for its strong dividend history and commitment to policyholder value. The company invests in advisor education and digital planning tools. Its mutual structure and long-term focus make it a stable and customer-aligned provider in the life insurance market.
50: American National Insurance Company
American National offers life, health, and property insurance, with assets exceeding $35 billion. It serves individuals, businesses, and agricultural clients through a broad product portfolio. The company is known for its conservative financial management and strong agent relationships. American National’s rural and regional focus allows it to serve niche markets effectively. Its commitment to integrity and long-term growth makes it a quiet but steady presence in the industry.
Closing
From century-old mutuals to fast-growing disruptors, these 50 insurance companies represent the backbone of American financial resilience. They don’t just sell policies—they build trust, manage risk, and help millions navigate life’s most critical moments. As the industry evolves through digital transformation, climate risk, and demographic shifts, these firms continue to lead with innovation and integrity. Whether you’re seeking coverage, partnership, or insight, this list is your gateway to understanding the institutions that protect what matters most.