AI-assembled from public SEC filings
Life insurers peer review
Descriptive comparison assembled from public SEC filings and verified companyfacts.
Descriptive comparison — not investment advice. This feature-specific review is assembled from a frozen evidence pack of public SEC filing quotes and verified SEC companyfacts numbers. It is descriptive only and makes no judgment about which company is better. It is not a rating, recommendation, endorsement, forecast, or investment advice. Figures are as of their cited filing dates. See Disclaimer.
Governing statutes (not legal advice)
Descriptive law cross-reference — not legal advice. grepcent publishes a curated industry-to-statute association only. This is not legal advice. It does not interpret statutes, assess company conduct, or mirror statute text. Deep links go to neochart.
Statutes grepcent curates as governing this industry, deep-linked to neochart's official text. Case-citation counts are shown as an importance signal, not the selection criterion. Not legal advice. Citing cases are shown as a case-citation in-degree importance signal, not an endorsement.
- 15 U.S.C. § 1012: § 1012. Regulation by State law; Federal law relating specifically to insurance; applicability of certain Federal laws after June 30, 1948
Methodology
Mechanical life-insurer cluster: the top 10 existing grepcent companies by latest reported revenue from SEC SIC 6311 Life Insurance, requiring latest revenue and net income facts. This is distinct from grepcent's existing P&C insurers cluster, which uses SIC 6331.
The cluster is selected mechanically from public SEC SIC 6311 companies already present in grepcent's processed universe, sorted by latest reported revenue. It is separate from the property-and-casualty insurer review because life, annuity, reinsurance, and protection models have different statement structures. The review publishes no proprietary index-membership labels.
Provenance
Verified Quantitative Matrix
Numbers are templated from frozen SEC companyfacts-derived facts already verified by grepcent. Fiscal periods and filing dates are shown in each cell; comparability markers use day-level period ends and reported XBRL source concepts.
| Metric | MET | PRU | RGA | CRBG | LNC | VOYA | GNW | BHF | JXN | GL |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 77,084,000,000 source | 60,774,000,000 source | 23,698,000,000 source | 18,481,000,000 source | 18,212,000,000 source | 8,189,000,000 source | 7,301,000,000 source | 6,766,000,000 source | 6,683,000,000 source | 5,994,318,000 source |
| Net margin | 4.38% source | 5.88% source | 4.99% source | -1.98% source | 6.46% source | 7.99% source | 3.05% source | 6.40% source | 0.40% source | 19.37% source |
| Dividends paid Mixed reporting concepts: us-gaap:PaymentsOfDividends, us-gaap:PaymentsOfDividendsCommonStock. Ticker concepts: CRBG -> us-gaap:PaymentsOfDividendsCommonStock; GL -> us-gaap:PaymentsOfDividends; JXN -> us-gaap:PaymentsOfDividendsCommonStock; LNC -> us-gaap:PaymentsOfDividendsCommonStock; MET -> us-gaap:PaymentsOfDividendsCommonStock; PRU -> us-gaap:PaymentsOfDividendsCommonStock; RGA -> us-gaap:PaymentsOfDividends; VOYA -> us-gaap:PaymentsOfDividendsCommonStock. | 1,509,000,000 source | 1,926,000,000 source | 240,000,000 source | 511,000,000 source | 325,000,000 source | 178,000,000 source | Not available. | Not available. | 223,000,000 source | 86,067,000 source |
| Share buybacks | 2,883,000,000 source | 1,000,000,000 source | Not available. | 2,118,000,000 source | 0.00 source Day-level period offset: different fiscal year (365 days before row reference) vs row reference 2025-12-31; offset. | 200,000,000 source | 247,000,000 source | 102,000,000 source | 669,000,000 source | 880,983,000 source |
| Assets | 745,166,000,000 source | 773,740,000,000 source | 156,590,000,000 source | 413,547,000,000 source | 417,204,000,000 source | 178,859,000,000 source | 88,083,000,000 source | 241,800,000,000 source | 352,586,000,000 source | 30,813,692,000 source |
| Liabilities / equity | 25.22 source | 22.76 source | 10.63 source | 30.27 source | 37.25 source | 34.69 source | 8.95 source | 34.72 source | 34.39 source | 4.16 source |
Code-computed comparisons
- Reported net margin range: range endpoints are CRBG (-1.98%) and GL (19.37%).
- Latest reported revenue range: range endpoints are GL (5,994,318,000) and MET (77,084,000,000).
Market-risk companion: risk and factor comparison from lmfin. It is descriptive and separate from the SEC fundamentals review.
Provenance
Withheld quantitative rows
- operating_margin: Only 2 of 10 companies have a verified fact; threshold is 4.
- free_cash_flow: Only 1 of 10 companies have a verified fact; threshold is 4.
- capex: Only 1 of 10 companies have a verified fact; threshold is 4.
Withheld dimensions
- business_model: No quote passed the evidence checks.
- geographic_customer_exposure: No quote passed the evidence checks.
- capital_allocation: No quote passed the evidence checks.
- stated_strategy: No quote passed the evidence checks.
- idiosyncratic_risks: No quote passed the evidence checks.
- recent_narrative_change: No quote passed the evidence checks.
Withheld cells
- MET / business_model: no quote passed the evidence checks
- PRU / business_model: no quote passed the evidence checks
- RGA / business_model: no quote passed the evidence checks
- CRBG / business_model: no quote passed the evidence checks
- LNC / business_model: no quote passed the evidence checks
- VOYA / business_model: no quote passed the evidence checks
- GNW / business_model: no quote passed the evidence checks
- BHF / business_model: no quote passed the evidence checks
- JXN / business_model: no quote passed the evidence checks
- GL / business_model: no quote passed the evidence checks
- MET / geographic_customer_exposure: no quote passed the evidence checks
- PRU / geographic_customer_exposure: no quote passed the evidence checks
- RGA / geographic_customer_exposure: no quote passed the evidence checks
- CRBG / geographic_customer_exposure: no quote passed the evidence checks
- LNC / geographic_customer_exposure: no quote passed the evidence checks
- VOYA / geographic_customer_exposure: no quote passed the evidence checks
- GNW / geographic_customer_exposure: no quote passed the evidence checks
- BHF / geographic_customer_exposure: no quote passed the evidence checks
- JXN / geographic_customer_exposure: no quote passed the evidence checks
- GL / geographic_customer_exposure: no quote passed the evidence checks
- MET / capital_allocation: no quote passed the evidence checks
- PRU / capital_allocation: no quote passed the evidence checks
- RGA / capital_allocation: no quote passed the evidence checks
- CRBG / capital_allocation: no quote passed the evidence checks