the top 10 U.S. life insurance companies, ranked by direct premiums, were American International Group, Hartford Life Inc., Metropolitan Life, ING Group, AEGON USA Inc., Prudential of American Group, New York Life
There were about 1,549 companies that underwrote life insurance and annuities at the end of 2000, with premiums totaling $472 billion in 2001, compared to $405 billion in 1997
Individual states regulates the life insurance industry.
No
Primrica
TATA AIG Life Insurance was created in 2001.
There are hundreds of leading players in the life insurance industry. I have attached a list of about 20 of the leading institutions that currently offer life insurance.
None. Life Insurance Companies never fail. If they get into trouble another life insurance company will take over the assets and liabilities of the troubled company. This is an industry approach so that the public will maintain it's confidence in the life insurance industry. It benefits the people in that they will never loose out on benefits due to a family on a life insurance policy and it benefits the industry in that the public maintains confidence in the system.
Sold to Conseco Life Insurance Co in 2001
SBI Life Insurance Company Limited was created in 2001-03.
No, while Prudential has many arms of their insurance business, I am in the industry, and have not heard of New York Life buying any of Prudential Life Insurance's assets or divisions.
Kenneth M. Wright has written: 'The life insurance industry in the United States' -- subject(s): Insurance, Life, Law and legislation, Life Insurance, Taxation
I can tell you that in 2004 52 Billion was paid out in life insurance benefits. Currently there is approx 17 Trillion of life insurance in force. 492 Billion of that is on insureds age 65 or older.