This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

The 22 Strongest Life Insurance Companies

TSC Ratings provides exclusive stock, ETF and mutual fund ratings and commentary based on award-winning, proprietary tools. Its "safety first" approach to investing aims to reduce risk while seeking solid outperformance on a total return basis.

Citigroup (C - Get Report) and Principal Financial Group (PFG - Get Report) units are among the country's 22 strongest life insurers, suggesting they may have an edge in attracting customers concerned about the stability of financial companies.

Topping the list of life insurers with A-plus ratings that earned annual life premiums of $100 million or more and representing at least 10% of their business were American Family Life, State Farm Life, State Farm Life & Accident and Country Life. Primerica Life Insurance, a Citigroup division, and Principal Life Insurance, part of Principal Financial Group, maintained their A-minus ratings, according to a quarterly review of financial strength ratings by Ratings.

Among the A-plus firms, American Family Life is headed by Jack Salzwedel, president; State Farm Life and State Farm Life & Accident are run by Edward Rust Jr., president; and Country Life is overseen by Phillip Nelson, president. Ratings

Companies that entered the bear market with the most capital, relative to the riskiness of their assets, have weathered the storm the best, the study shows. Life insurers need to hold large sums of securities, and many have posted massive losses during the stock market crash, damaging earnings and capital. Still, the rout has ebbed. Life insurance stocks have, on average, tripled since a March 9 low after plummeting 85% in the previous five months.

Even though 12 of the 22 strongest companies posted declines in capital last year, ranging from 1% to 38%, they all passed Ratings' stress test. The stress test is designed to determine whether a company has enough capital to withstand a prolonged, severe recession.

Three insurers, led by John Hancock Life Insurance of New York, a subsidiary of Manulife Financial Group (MFC - Get Report), hold more than twice the amount needed during a severe recession, Ratings found in its review.

The strongest companies aren't necessarily the largest life insurers in the industry. Those with the best marks show a consistent history of strong profitability, steady capital growth, good asset quality and excellent overall stability.
1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
AIG $63.68 0.00%
C $54.21 0.00%
MFC $16.30 0.00%
MET $50.96 0.00%
PFG $51.42 0.00%


Chart of I:DJI
DOW 17,798.49 -14.90 -0.08%
S&P 500 2,090.11 +1.24 0.06%
NASDAQ 5,127.5250 +11.3820 0.22%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs