There are a total of 302 life insurance companies currently writing in Massachusetts.

• The Top 20 companies total $2,153,035,012 in direct premium;
• These companies have a 66.8 percent share of the marketplace;
• The Remaining 282 life insurance companies have $1,068,188,506 in direct premium;
• These companies represent a 33.2 percent share of the marketplace.
• There were no major shift in the companies who continue to make up the top writers in this line of business.
• Two of the top ten companies are based in Massachusetts.
• Two other Massachusetts – based companies made the Top 20 – Boston Mutual Life Ins. and Primerica Life Ins. Co.

In 2010, the Division of Insurance announced that it had cataloged life insurance products that accelerate the death benefit under certain conditions and had added it to its website in 2011.

The Top Ten Writers of Life Insurance in Massachusetts

#10. Prudential Ins. Co. of America (NJ)

2010 Written Premium: $102,481,400

2010 Market Share: 3.18%2009

Written Premium: $105,571,598

2009 Market Share: 3.42%

Position last year: 9

#9. New York Life Ins. & Annuity Co. (DE)

2010 Written Premium: $114,771,020

2010 Market Share: 3.56%

2009 Written Premium: $79,471,063

2009 Market Share: 2.58%

Position last year: 10

#8. Mass Mutual Life Ins. Co. (MA)

2010 Written Premium: $117,483,625

2010 Market Share: 3.65%

2009 Written Premium: $118,080,501

2009 Market Share: 3.83%

Position last year: 8

#7. New York Life Ins. Co. (NY)

2010 Written Premium: $135,612,442

2010 Market Share: 4.21%

2009 Written Premium: $120,334,951

2009 Market Share: 3.90%

Position last year: 6

#6. Lincoln National Life Ins. Co. (IN)

2010 Written Premium: $133,862,706

2010 Market Share: 4.16%

2009 Written Premium: $119,468,183

2009 Market Share: 3.87%

Position last year: 7

#5. The Savings Bank Life Ins. Co. of MA (MA)

2010 Written Premium: $153,446,551

2010 Market Share: 4.76%

2009 Written Premium: $152,388,393

2009 Market Share: 4.94%

Position last year: 4

#4. Guardian Life Ins. Co. of America (NY)

2010 Written Premium:$157,458,721

2010 Market Share: 4.89%

2009 Written Premium: $150,408,953

2009 Market Share: 4.88%

Position last year: 5

#3. John Hancock Life Ins. Co. (USA) (MI)

2010 Written Premium: $209,478,933

2010 Market Share: 6.50%

2009 Written Premium: $

2009 Market Share: %

Position last year:

#2. Northwestern Mutual Life Ins. Co. (WI)

2010 Written Premium: $244,728,620

2010 Market Share: 7.60%

2009 Written Premium: $11,642,674

2009 Market Share: 1.43%

Position last year: 18

#1. Metropolitan Life Ins. Co. (NY)

2010 Written Premium: $276,047,138

2010 Market Share: 8.57%

2009 Written Premium: $260,852,041

2009 Market Share: 8.46%

Position last year: 1