Mutual life insurers

# Company Annuity market share (2024) AM Best
3 MassMutualMutual insurer whose annuities come mainly from its Cincinnati subsidiary MassMutual Ascend, the former Great American Life, plus MassMutual's own annuities. 5.69% A++ (Superior)
5 New York LifeThe largest U.S. mutual life insurer, a major seller of income annuities, including participating ones that can pay dividends, through its career agents. 4.81% A++ (Superior)
15 Pacific LifeNewport Beach insurer under a mutual holding company, selling variable, fixed indexed, RILA, fixed and income annuities through financial professionals. 2.44% A+ (Superior)
22 Western & Southern (Integrity Life)Cincinnati mutual holding company group whose Integrity Life and National Integrity sell MYGAs, indexed, variable and income annuities via advisors and banks. 1.45% A+ (Superior)

Ranked by 2024 U.S. individual annuity direct premiums written (states and U.S. territories), from the NAIC 2024 Life/Fraternal Market Share Report. NAIC groups combine affiliated companies.