5 Largest Insurance Companies in the US by Assets in 2024

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In this piece, we will take a look at the five largest insurance companies in the US by assets in 2024. If you want to take a look at how the insurance industry has been dealing with one catastrophe after another, then read 25 Largest Insurance Companies in the US by Assets in 2024.

5. New York Life Insurance Company

Total Assets: $408 billion

New York Life Insurance Company is headquartered in New York City and it was set up in 1845. Its age has also seen the firm find itself in a crucial role in American history, with the New York Life Insurance Company having the distinct honor of counting the well known activist Susan B. Anthony as its policyholder. The firm also shared its 2023 financial results in March 2024 which saw it report a whopping $3.1 billion in operating income which marked a first in its long history.

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