Key Takeaways
- Among US-listed life and annuity insurers, Prudential Financial reports the most assets, $784 billion as of June 30, 2026, according to SEC filings.
- Prudential Financial, MetLife and Athene Holding hold 39% of the $5.10 trillion in assets the 21 listed insurers report to the SEC.
- Ranked by assets because annuity deposits are not premiums; MetLife earns the most net premiums of the group, according to SEC filings.
- Mutual life insurers file no financial statements with the SEC and are not in the comparison.
Among US-listed life and annuity insurers, Prudential Financial reports the most assets: $784 billion as of June 30, 2026, according to the financial data it files with the SEC. MetLife and Athene Holding follow. The 21 listed insurers in the SEC's data report $5.10 trillion in assets, and the first three hold 39% of it.
This is a ranking of publicly traded insurers, not of the whole market. Mutual life insurers, owned by their policyholders, file no financial statements with the SEC and are not in it.
20 US-listed life and annuity insurers by assets
Insurers are ranked by total assets at the latest quarter-end each has filed. Assets measure the size of a life insurer better than premiums do, because money paid into annuities is mostly recorded as deposits, not premiums. Net premiums earned for the last full fiscal year are shown beside assets for comparison.
| Rank | Insurer | Ticker | Total assets | Share of listed total | As of | Net premiums earned, last fiscal year | Source |
|---|---|---|---|---|---|---|---|
| 1 | Prudential Financial, Inc. | PRU | $784 billion | 15.4% | June 30, 2026 | $30.8 billion | SEC |
| 2 | MetLife, Inc. | MET | $759 billion | 14.9% | June 30, 2026 | $49.8 billion | SEC |
| 3 | Athene Holding Ltd. | ATHS | $473 billion | 9.3% | June 30, 2026 | $2.6 billion | SEC |
| 4 | Lincoln National Corporation | LNC | $430 billion | 8.4% | June 30, 2026 | $12.2 billion | SEC |
| 5 | Corebridge Financial, Inc. | CRBG | $416 billion | 8.1% | June 30, 2026 | $5.9 billion | SEC |
| 6 | Jackson Financial Inc. | JXN | $367 billion | 7.2% | June 30, 2026 | $149 million | SEC |
| 7 | Principal Financial Group, Inc. | PFG | $353 billion | 6.9% | June 30, 2026 | $6.8 billion | SEC |
| 8 | Equitable Holdings, Inc. | EQH | $335 billion | 6.6% | June 30, 2026 | $1.0 billion | SEC |
| 9 | Brighthouse Financial, Inc. | BHF | $247 billion | 4.8% | June 30, 2026 | $695 million | SEC |
| 10 | Voya Financial, Inc. | VOYA | $183 billion | 3.6% | June 30, 2026 | $2.9 billion | SEC |
| 11 | Reinsurance Group of America, Incorporated | RGA | $167 billion | 3.3% | June 30, 2026 | $17.2 billion | SEC |
| 12 | American National Group Inc. | ANG-PD | $132 billion | 2.6% | June 30, 2026 | $1.7 billion | SEC |
| 13 | Aflac Incorporated | AFL | $116 billion | 2.3% | June 30, 2026 | $13.5 billion | SEC |
| 14 | F&G Annuities & Life, Inc. | FG | $104 billion | 2.0% | June 30, 2026 | $2.8 billion | SEC |
| 15 | Genworth Financial, Inc. | GNW | $87.4 billion | 1.7% | June 30, 2026 | $3.5 billion | SEC |
| 16 | Unum Group | UNM | $63.5 billion | 1.2% | June 30, 2026 | $10.8 billion | SEC |
| 17 | CNO Financial Group, Inc. | CNO | $39.9 billion | 0.8% | June 30, 2026 | $2.6 billion | SEC |
| 18 | Globe Life Inc. | GL | $31.6 billion | 0.6% | June 30, 2026 | $4.9 billion | SEC |
| 19 | Primerica, Inc. | PRI | $14.8 billion | 0.3% | June 30, 2026 | $1.8 billion | SEC |
| 20 | Citizens, Inc. | CIA | $1.8 billion | 0.0% | June 30, 2026 | $176 million | SEC |
Download this table (CSV), free. The full dataset, every listed insurer in the SEC's data with its assets, premiums and identifiers, is one email away.
Assets and premiums tell different stories
- The first three listed insurers hold 39% of the assets the 21 listed insurers report to the SEC, and the first ten 85%.
- By net premiums earned in 2025, MetLife leads the group with $49.8 billion, according to SEC filings: insurers that sell mostly annuities hold large balance sheets on modest premiums.
- Every insurer in the table has filed the latest quarter.
What this means for technology buyers
Life and annuity books run for decades, and the systems that administer them are some of the oldest in financial services. These guides compare the options:
- Policy administration systems for life insurance: the system of record for in-force policies.
- Policy administration systems for annuities: where most of the assets in the table sit.
- Automated underwriting systems for life insurance: issuing new policies without weeks of paperwork.
Mapping the business? The Life Insurance Business Capability Model sets out what a life insurer does, and the Life Insurance Value Streams show how that work runs end to end.
More from Finantrix Atlas
- Property and casualty insurers by premiums
- Largest commercial health insurers
- Largest institutional investors by reported holdings
How this list was built
The universe is every company EDGAR files under the life insurance and accident and health insurance industry codes, plus Equitable Holdings, Inc., which EDGAR files as an insurance agency, whose shares or preferred stock trade on a US exchange. Total assets are the figure each company reported in the SEC's XBRL financial data at its latest quarter-end; net premiums earned are for its last full fiscal year.
Limits
- Listed companies only. Mutual life insurers file no financial statements with the SEC, and several of the largest US life insurers are mutuals.
- Preferred-only listings count. Some insurers owned by asset managers remain SEC filers because their preferred stock is listed; they are ranked on their own balance sheets.
- Assets include separate accounts. Variable annuity and variable life assets held for policyholders are on the balance sheet, which favors insurers with large variable books.
- Accident and health included. The second industry code brings in supplemental health insurers alongside life and annuity writers.
- As tagged. A company that did not tag premiums shows "not tagged".
Cite this
Free to quote, cite and republish, including the chart, with credit to Finantrix Atlas and a link to this page.
Among US-listed life and annuity insurers, Prudential Financial reports the most assets, $784 billion as of June 30, 2026, according to a Finantrix Atlas analysis of SEC filings.
Suggested citation: Finantrix Atlas, "US-Listed Life and Annuity Insurers Ranked by Assets," as of June 30, 2026, from SEC XBRL financial data. https://www.finantrix.com/articles/public-life-insurers-by-assets
Embed the chart:
<a href="https://www.finantrix.com/articles/public-life-insurers-by-assets"><img src="https://www.finantrix.com/atlas/public-life-insurers-by-assets.png" alt="US-listed life and annuity insurers by assets, from Finantrix Atlas"></a>
<p>Chart: <a href="https://www.finantrix.com/articles/public-life-insurers-by-assets">Finantrix Atlas</a>, from SEC filings.</p>
Frequently asked questions
Q: Which publicly traded life insurer has the most assets? A: Prudential Financial, with $784 billion as of June 30, 2026, according to its SEC filings. Mutual life insurers are not in the comparison.
Q: Why rank life insurers by assets rather than premiums? A: Money paid into annuities is mostly accounted for as deposits, not premiums, so a premium ranking understates insurers that sell mostly annuities.
Download the data
The 20 rows on this page (CSV), free. The full dataset has all 21 rows, as of June 30, 2026; we email you a link.
Frequently Asked Questions
Which publicly traded life insurer has the most assets?
Prudential Financial, with $784 billion as of June 30, 2026, according to its SEC filings. Mutual life insurers are not in the comparison.
Why rank life insurers by assets rather than premiums?
Money paid into annuities is mostly accounted for as deposits, not premiums, so a premium ranking understates insurers that sell mostly annuities.