U.S. Life Insurance Ranking 2024

SANTA CLARA, Calif. - Sept. 19, 2024 - PRLog -- RealRate Inc.

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Press Release

U.S. Life Insurance Ranking 2024

The new Life Insurance industry rating for 2024 has just been released by RealRate.

These are the top three Life Insurance companies in the U.S., measured by Economic Capital Ratio:

1.       UTG INC – 24%

2.       ATLANTIC AMERICAN CORP. – 18%

3.       NATIONAL WESTERN LIFE GROUP – 13%

The complete rating of 20 Life Insurance companies is published at https://realrate.ai/rankings/

5  companies achieved the 'Top Rated' award.

Founded in 1966 and based in Stanford, Kentucky, UTG Inc. is a life insurance holding company. Along with its subsidiaries, its primary business is individual life insurance. Its current assets are $441 million.

Headquartered in Atlanta, Georgia, and founded in 1968, Atlantic American Corporation is an insurance holding company headquartered in Atlanta, Georgia. Its subsidiary companies are leaders within the specialty markets of the life, health, and property and casualty insurance industries. It has total current assets of $381 million.

National Western provides life insurance products catering to the savings and protection needs of policyholders, and the retirement needs of annuity contract holders. It was founded in 1956 and is based in Austin, Texas. It has current assets of $12 billion.

CEO Dr. Holger Bartel: "The American life insurance sector is a major industry, generating over $1 trillion in premiums in 2023. Companies like MetLife, Prudential, and New York Life dominate the market. The sector includes life, annuity, and health insurance products, catering to individuals and businesses for financial protection.

High financial strength is the most important key figure for customers overall, ensuring profitable insurance products and minimal risk of default."

About RealRate:

RealRate is an international rating agency based in Santa Clara and Berlin, founded in 2021. Using cutting-edge explainable Artificial Intelligence, we provide fair company ratings, avoiding any conflicts of interest. Combining AI and expert knowledge, financial strength is evaluated based on published annual reports. RealRate provides rankings for dozens of industries, like insurance, IT, real estate, food, and pharma. Only the best-rated companies are awarded the RealRate TOP Rated seal.