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150th Annual ReportOf theInsurance CommissionerToGovernor Ned LamontInsurance & Real Estate CommitteeA Condensed Financial Overview of Insurance CompaniesDoing Business in the State in 2020February 25, 20221

I am pleased to offer the Connecticut Insurance Department’s annual report,pursuant to Connecticut General Statute §38a-12 that offers an overview of thefinancial statements for 1,499 insurers, including 106 domestics, doing business inConnecticut in 2020.A key element of the Department’s consumer protection is ensuring that carriersremain financially solvent to keep their promises to their customers. TheConnecticut insurance industry continues to be robust and competitive for ourcitizens and remains a vital part of our overall state economy.Included in this report are licensed, admitted, and registered companies – bothdomiciled in Connecticut and based out-of-state – that market products toconsumers under the following categories: Fraternal Benefit Societies and Life & HealthProperty & CasualtyHealthTitleU.S. Surplus LinesRisk Retention GroupsA financial snapshot features the Top 20 ranking for Fraternal Benefit Societiesand Life & Health and Property & Casualty companies by: CT Direct Written Premium Admitted AssetsI hope you find this report useful. Please do not hesitate to contact the Departmentshould you have questions.Andrew N. MaisInsurance Commissioner2

Table of ContentsGlossary . 4Summary of Insurers by Type of Company . 5Top 20 Rankings by Admitted Assets and Direct Written Premiums . 6-13Top 20 Fraternal Benefit Societies and Life & Health . 6-9Top 20 Property & Casualty . 10-13Insurers – Admitted Assets, Liabilities, Capital & Surplus, Direct WrittenPremiums . 14-69Fraternal Benefit Societies and Life & Health. 15-28Property & Casualty . 29-58Health Insurers. 59-61Title Insurers . 62U.S. Surplus Lines . 63-66Risk Retention Groups . 67-693

GlossaryStatements of Standard Accounting Practice (SSAP) and Connecticut GeneralStatutes Definitions Admitted Assets – Admitted Assets are readily marketable assets whenboth current and future obligations are due. Capital – Represents the number of shares issued times the par value ofeach share. When no par value is set forth, the reporting entity shall declarea “stated value” and record such amount in the capital stock account. Direct Written Premium (DWP) – All premiums arising from policiesissued by the company acting as the primary insurance carrier. This reportdoes not include DWP from other states, only the DWP from Connecticutcustomers. Domestic – A company that is chartered, incorporated, organized orconstituted within the laws of this state. Non-Domestic or Foreign – Any insurer that has been chartered by ororganized or constituted within or under the laws of another state or a U.S.territory. Liabilities – Certain or probable future sacrifices of economic benefitsarising from present obligations of a particular entity to transfer assets or toprovide services to other entities in the future as a result of a pasttransaction(s) or event(s). Risk Retention Group – Arrangement in which groups organize andpurchase insurance as a single entity Surplus – Unassigned funds that represent the undistributed andunappropriated amount of surplus at the balance sheet date. Surplus Lines – An insurer that covers risk when there is no standardinsurance market available4

Insurer SummaryBy Type of Company for Calendar Year 2020TYPE OF COMPANYDOMESTICNON-DOMESTICTOTALFraternal Benefit Societies and Life & Health22348370Property & Casualty66747813Health143852Title02121Surplus Lines3142145Risk Retention197981061,3931,499TOTAL5

Top 20Fraternal Benefit Societies and Life & Health DomesticsBy Direct Written Premium (DWP)RANKCOMPANY NAMEDWP 1Prudential Retirement Insurance & Ann Company12,696,398,4772Voya Retirement Insurance & Ann Company1,854,219,7463Aetna Life Insurance Company1,272,920,8154UnitedHealthcare Insurance Company818,056,7535Cigna Health & Life Insurance Company539,914,8946Hartford Life & Accident Insurance Company136,464,6527Talcott Resolution Life Insurance Company57,102,0798CM Life Insurance Company30,949,5349Connecticut Gen Life Insurance Company18,885,44610Talcott Resolution Life & Ann Insurance Company16,687,87011Vantis Life Insurance Company15,382,81512Knights of Columbus14,613,44413Nassau Life & Ann Company13,318,68414PHL Variable Insurance Company4,626,93015Aetna Health & Life Insurance Company1,178,59616MML Bay State Life Insurance Company690,28717American Maturity Life Insurance Company18Idealife Insurance Company19General Re Life Corp020Ace Life Insurance Company0320447093GRAND TOTAL617,491,450,159

Top 20Fraternal Benefit Societies and Life & Health DomesticsBy Admitted AssetsRANKCOMPANYADMITTED ASSETS 1Voya Retirement Insurance & Ann Company122,240,382,9542Talcott Resolution Life Insurance Company92,345,508,0403Prudential Retirement Insurance & Ann Company88,908,632,3084Talcott Resolution Life & Ann Insurance Company35,237,391,1525Knights of Columbus27,658,057,7986Aetna Life Insurance Company24,057,313,6387UnitedHealthcare Insurance Company21,587,265,6938Connecticut Gen Life Insurance Company21,488,114,5129Cigna Health & Life Insurance Company13,453,734,70410Hartford Life & Accident Insurance Company12,824,468,76011CM Life Insurance Company9,411,151,09712PHL Variable Insurance Company5,625,549,16613MML Bay State Life Insurance Company5,352,119,79014General Re Life Corp4,851,659,71415Nassau Life & Ann Company1,211,103,00616Vantis Life Insurance Company544,079,83517Aetna Health & Life Insurance Company516,669,58518American Maturity Life Insurance Company65,802,68219Ace Life Insurance Company38,175,97720Idealife Insurance Company22,159,253GRAND TOTAL7487,439,339,664

Top 20All Fraternal Benefit Societies and Life & Health InsurersBy Direct Written Premium (DWP)RANKCOMPANY NAMEDWP 1Prudential Retirement Insurance & Ann Company12,696,398,4772Voya Retirement Insurance & Ann Company1,854,219,7463Aetna Life Insurance Company1,272,920,8154UnitedHealthcare Insurance Company818,056,7535Massachusetts Mut Life Insurance Company650,028,1136Principal Life Insurance Company559,668,4677Cigna Health & Life Insurance Company539,914,8948Metropolitan Life Insurance Company518,907,9859Prudential Insurance Company of Amer518,832,45410Teachers Insurance & Ann Assoc of Amer457,004,94911Jackson Natl Life Insurance Company392,176,43312Lincoln Natl Life Insurance Company351,312,70813Northwestern Mut Life Insurance Company349,564,97614United of Omaha Life Insurance Company273,633,44915John Hancock Life Insurance Company USA260,206,36816TIAA Cref Life Insurance Company257,305,96017Brighthouse Life Insurance Company234,436,34218Equitable Financial Life Insurance Company212,127,70719Transamerica Life Insurance Company202,215,44520Athene Ann & Life Company199,659,840GRAND TOTAL822,618,591,881

Top 20All Fraternal Benefit Societies and Life & Health InsurersBy Admitted AssetsRANKCOMPANY NAMEADMITTED ASSETS 1Metropolitan Life Insurance Company409,245,420,7612Teachers Insurance & Ann Assoc of Amer326,308,054,6353Prudential Insurance Company of Amer310,652,820,9904Northwestern Mut Life Insurance Company308,766,870,6565Massachusetts Mut Life Insurance Company300,458,993,7676Lincoln Natl Life Insurance Company294,982,188,2587Jackson Natl Life Insurance Company280,802,361,7548John Hancock Life Insurance Company USA266,151,502,6919Equitable Financial Life Insurance Company236,166,652,35210Principal Life Insurance Company224,365,804,46011American Gen Life Insurance Company205,189,154,64012New York Life Insurance Company201,336,809,83113Transamerica Life Insurance Company200,268,216,64114Brighthouse Life Insurance Company188,197,515,80515New York Life Insurance & Ann Corp174,524,567,47416Allianz Life Insurance Company of N Amer173,388,475,91117Nationwide Life Insurance Company166,217,450,97518Pacific Life Insurance Company159,293,301,10919Pruco Life Insurance Company137,956,629,22220Voya Retirement Insurance & Ann Company122,240,382,954GRAND TOTAL94,686,513,174,886

Top 20Property & Casualty DomesticsBy Direct Written PremiumRANKCOMPANY NAMEDWP 1Standard Fire Insurance Company170,591,7852Travelers Home & Marine Insurance Company90,723,0943Trumbull Insurance Company89,529,6324Travelers Prop Cas Company of Amer68,535,3745Sentinel Insurance Company Ltd42,697,5366Charter Oak Fire Insurance Company42,619,1817Travelers Cas & Surety Company of Amer41,981,0008Hartford Fire Insurance Company38,092,4889Travelers Personal Insurance Company38,079,14510Travelers Ind Company37,011,38511Travelers Ind Company of Amer35,350,99812New London County Mut Insurance Company34,730,11413Covenant Insurance Company34,724,84114Patrons Mut Insurance Company of CT29,624,93615Hartford Underwriters Insurance Company27,813,79916Hartford Accident & Ind Company26,494,54117Phoenix Insurance Company22,728,08518Travelers Ind Company of CT19,422,15819Travelers Cas Insurance Company of Amer17,843,44520Integris Insurance Company16,907,089GRAND TOTAL10925,500,626

Top 20Property & Casualty DomesticsBy Admitted AssetsRANKCOMPANY NAMEADMITTED ASSETS 1Hartford Fire Insurance Company24,820,166,0372Travelers Ind Company24,419,749,4923St Paul Fire & Marine Insurance Company20,881,814,3064Travelers Cas & Surety Company18,860,519,6055Hartford Accident & Ind Company12,378,990,1256Odyssey Reins Company9,682,959,8107Travelers Cas & Surety Company of Amer4,625,889,6278Phoenix Insurance Company4,512,474,5399Standard Fire Insurance Company4,250,851,75210United States Fidelity & Guar Company3,452,242,86911National Liab & Fire Insurance Company3,315,807,77212Travelers Cas Insurance Company of Amer2,144,360,17513Hartford Underwriters Insurance Company1,727,023,45014Hartford Steam Boil Inspec & Insurance Company1,660,981,49315Greystone Insurance Company1,524,611,37916AXIS Specialty Insurance Company1,354,727,91417Finial Reins Company1,330,387,76018Northland Insurance Company1,297,014,37319Travelers Ind Company of CT1,184,343,35920Farmington Cas Company1,143,835,374GRAND TOTAL11144,568,751,211

Top 20All Property & Casualty InsurersBy Direct Written Premium (DWP)RANKCOMPANY NAMESTATE OF DOMICILEDWP 1Geico Gen Insurance CompanyNE280,902,4202Progressive Cas Insurance CompanyOH217,531,7183Progressive Direct Insurance CompanyOH204,615,3174Geico Ind CompanyNE199,747,6615State Farm Mut Auto Insurance CompanyIL198,870,8666Allstate Fire & Cas Insurance CompanyIL195,006,7977State Farm Fire & Cas CompanyIL172,880,1058Amica Mut Insurance CompanyRI172,117,3029Standard Fire Insurance CompanyCT170,591,78510Federal Insurance CompanyIN147,842,01011Allstate Insurance CompanyIL123,057,50312LM Gen Insurance CompanyIL121,144,96313Safeco Insurance Company of ILIL105,080,69614Great Northern Insurance CompanyIN104,958,78915Continental Cas CompanyIL97,686,04916USAA Cas Insurance CompanyTX92,984,97017Travelers Home & Marine Insurance CompanyCT90,723,09418Zurich Amer Insurance CompanyNY89,767,28419Trumbull Insurance CompanyCT89,529,63220Ace Amer Insurance CompanyPA82,227,982GRAND TOTAL122,957,266,943