Install
Closed-block and legacy administrators
- Mutual life insurers 17
- Shareholder-owned life insurers 20
- P&C-affiliated life insurers 12
- Farm Bureau life insurers 7
- Fraternal benefit societies 6
- Final expense and senior market specialists 9
- Worksite and supplemental insurers 7
- Annuity and retirement specialists 12
- Closed-block and legacy administrators 8
- Health insurer life affiliates 2
| # | Insurer | Type | Market share (2024) | AM Best |
|---|---|---|---|---|
| 33 | GenworthGenworth stopped selling life insurance and fixed annuities in 2016 and runs off its life block; new business is long-term care through CareScout. | Closed-block and legacy administrators | 0.71% | B- (Fair) |
| 49 | Talcott Financial GroupThe former Hartford Life business, owned by Sixth Street since 2021; holds old Hartford life policies (serviced by Prudential) and reinsures annuity blocks. | Closed-block and legacy administrators | 0.44% | A- (Excellent) |
| 50 | Wilton ReNorwalk, Connecticut acquirer of closed life and annuity blocks, owned by CPP Investments; its Texas Life unit still sells worksite universal life. | Closed-block and legacy administrators | 0.43% | A+ (Superior) |
| 53 | Everlake LifeThe former Allstate Life Insurance Company, sold to Blackstone funds in 2021. It services about 1.5 million Allstate-era policies and sells no new ones. | Closed-block and legacy administrators | 0.39% | A (Excellent) |
| 57 | Resolution LifeA Nippon Life-owned consolidator servicing closed blocks of U.S. life insurance, including Voya's former individual life policies and older Farmers policies. | Closed-block and legacy administrators | 0.31% | — |
| 76 | Nassau Financial GroupHartford insurer that services the old Phoenix Life and Foresters U.S. life blocks; it now sells annuities and Medicare Supplement, not new life insurance. | Closed-block and legacy administrators | 0.17% | B++ (Good) |
| 81 | Columbian Financial GroupBinghamton-area small-policy life insurer, founded 1882, that stopped new sales in 2024, went through rehabilitation and was bought by JAB Insurance in 2026. | Closed-block and legacy administrators | 0.13% | — |
| 97 | Lumico LifeFormer Swiss Re insurer, bought by Wilton Re in April 2026, that sold term, whole life and final expense online; closed to new applications since 2025. | Closed-block and legacy administrators | 0.07% | A (Excellent) |
Ranked by 2024 U.S. individual life insurance direct premiums written (states and U.S. territories), from the NAIC 2024 Life/Fraternal Market Share Report. NAIC groups combine affiliated companies, so a group may sell under several brand names.