U.S. Life Insurance Ranking 2023

SANTA CLARA, Calif. - June 26, 2023 - PRLog -- RealRate Inc.

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Press Release

U.S. Life Insurance Ranking 2023

The new Life Insurance industry rating for 2023 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 – 24.77%
2. PRIMERICA INC – 6.27%
3. TEXAS REPUBLIC CAPITAL CORP – 5.07%

The complete rating of 19 companies is published in https://realrate.ai/rankings/

4 companies achieved the 'Top Rated' award.

UTG is headquartered in Stanford, Kentucky, and was formed back in 1966. They have total assets of $447 million. It operates as a life insurance holding company and its primary business is individual life insurance. Primerica was founded in 1977 and hails from Duluth, Georgia. It is a company that provides insurance, investment, and financial services to middle-income families in the United States and Canada. Total assets are currently $15.3 billion. Texas Republic Capital Corporation (TRCC) is an insurance holding company located in Austin, Texas. Founded in 2012, they have current total assets of just over $40 million.

CEO Dr. Holger Bartel: "The U.S. life insurance market is a $1 trillion market with over 260 million life insurance policies currently active in the United States. They are provided with both term life insurance and annuities.

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.