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Moody’s: Top 10 life insurers by net income in Q2 2014

MetLife, AIG and Prudential were the top three companies in terms of net income in the second quarter of 2014.
MetLife, AIG and Prudential were the top three companies in terms of net income in the second quarter of 2014.

In an August 2014 “Special Comment,”  Moody’s Investors Service examines life insurers’ financial results in the second quarter of 2014 — GAAP net income, net operating, return on average shareholders’ equity, among other parameters — and explores factors contributing to the companies’ performance.

Listed on the following pages are the top 10 publicly held life insurance companies, as measured in terms of GAAP net income in the second quarter of 2014. Also shown are net income for the second quarter of 2013 and the year-over-year percentage change (Q2 2014 vs. Q2 2013). All figures are in millions of dollars.

No. 1: MetLife, Inc. (MET)

Q2 2014: $1,335

Q2 2013: $471

Year-over-year percentage change: 183%

 

No. 2: American International Group (AIG)

Q2 2014: $1,249

Q2 2013: $1,719

Year-over-year percentage change: -27%

 

No. 3: Prudential Financial Inc. (PRU)

Q2 2014: $1,049

Q2 2013: ($517)

Year-over-year percentage change: NM

 

No. 4: Aflac Inc. (AFL)

Q2 2014: $810

Q2 2013: $889

Year-over-year percentage change: -9%

 

No. 5: Lincoln National Corp. (LNC)

Q2 2014: $398

Q2 2013: $317

Year-over-year percentage change: 26%

 

No. 6: Ameriprise Financial Inc. (AMP)

Q2 2014: $374

Q2 2013: $321

Year-over-year percentage change: 17%

 

No. 7: Principal Financial Group (PFG)

Q2 2014: $306

Q2 2013: $222

Year-over-year percentage change: 38%

 

No. 8: VOYA Financial (VOYA)

Q2 2014: $246

Q2 2013: ($82)

Year-over-year percentage change: NM

 

No. 9: Unum Group (UNM)

Q2 2014: $243

Q2 2013: $219

Year-over-year percentage change: 11%

 

No. 10: RGA Inc. (RGA)

Q2 2014: $198

Q2 2013: ($50)

Year-over-year percentage change: NM

 

See also:

AIG puts in solid second quarter performance

Prudential reports $1.1 billion profit, exceeding estimates

Swiss Re falls most since April as profit misses on life drop

 

 

 

 

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Nichole Morford

Nichole Morford
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