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 (550 citing cases; source neochart)

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.

Pack hash: e1348d2d60a83937908d61c4284d0f72ce5c193c1cd2688c6b79acc9771b6b4c. Generated: 2026-07-21.

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 FY 2025; period end 2025-12-31; filed 2026-02-19; reporting currency USD source · NUM_MET_REVENUE_FY2025 Day-level period offset: 0d vs row reference 2025-12-31; aligned.	60,774,000,000 FY 2025; period end 2025-12-31; filed 2026-02-12; reporting currency USD source · NUM_PRU_REVENUE_FY2025 Day-level period offset: 0d vs row reference 2025-12-31; aligned.	23,698,000,000 FY 2025; period end 2025-12-31; filed 2026-02-20; reporting currency USD source · NUM_RGA_REVENUE_FY2025 Day-level period offset: 0d vs row reference 2025-12-31; aligned.	18,481,000,000 FY 2025; period end 2025-12-31; filed 2026-02-11; reporting currency USD source · NUM_CRBG_REVENUE_FY2025 Day-level period offset: 0d vs row reference 2025-12-31; aligned.	18,212,000,000 FY 2025; period end 2025-12-31; filed 2026-02-19; reporting currency USD source · NUM_LNC_REVENUE_FY2025 Day-level period offset: 0d vs row reference 2025-12-31; aligned.	8,189,000,000 FY 2025; period end 2025-12-31; filed 2026-02-20; reporting currency USD source · NUM_VOYA_REVENUE_FY2025 Day-level period offset: 0d vs row reference 2025-12-31; aligned.	7,301,000,000 FY 2025; period end 2025-12-31; filed 2026-02-27; reporting currency USD source · NUM_GNW_REVENUE_FY2025 Day-level period offset: 0d vs row reference 2025-12-31; aligned.	6,766,000,000 FY 2025; period end 2025-12-31; filed 2026-02-24; reporting currency USD source · NUM_BHF_REVENUE_FY2025 Day-level period offset: 0d vs row reference 2025-12-31; aligned.	6,683,000,000 FY 2025; period end 2025-12-31; filed 2026-02-24; reporting currency USD source · NUM_JXN_REVENUE_FY2025 Day-level period offset: 0d vs row reference 2025-12-31; aligned.	5,994,318,000 FY 2025; period end 2025-12-31; filed 2026-02-25; reporting currency USD source · NUM_GL_REVENUE_FY2025 Day-level period offset: 0d vs row reference 2025-12-31; aligned.
Net margin	4.38% FY 2025; period end 2025-12-31; filed 2026-02-19 source · NUM_MET_NET_MARGIN_FY2025 Day-level period offset: 0d vs row reference 2025-12-31; aligned.	5.88% FY 2025; period end 2025-12-31; filed 2026-02-12 source · NUM_PRU_NET_MARGIN_FY2025 Day-level period offset: 0d vs row reference 2025-12-31; aligned.	4.99% FY 2025; period end 2025-12-31; filed 2026-02-20 source · NUM_RGA_NET_MARGIN_FY2025 Day-level period offset: 0d vs row reference 2025-12-31; aligned.	-1.98% FY 2025; period end 2025-12-31; filed 2026-02-11 source · NUM_CRBG_NET_MARGIN_FY2025 Day-level period offset: 0d vs row reference 2025-12-31; aligned.	6.46% FY 2025; period end 2025-12-31; filed 2026-02-19 source · NUM_LNC_NET_MARGIN_FY2025 Day-level period offset: 0d vs row reference 2025-12-31; aligned.	7.99% FY 2025; period end 2025-12-31; filed 2026-02-20 source · NUM_VOYA_NET_MARGIN_FY2025 Day-level period offset: 0d vs row reference 2025-12-31; aligned.	3.05% FY 2025; period end 2025-12-31; filed 2026-02-27 source · NUM_GNW_NET_MARGIN_FY2025 Day-level period offset: 0d vs row reference 2025-12-31; aligned.	6.40% FY 2025; period end 2025-12-31; filed 2026-02-24 source · NUM_BHF_NET_MARGIN_FY2025 Day-level period offset: 0d vs row reference 2025-12-31; aligned.	0.40% FY 2025; period end 2025-12-31; filed 2026-02-24 source · NUM_JXN_NET_MARGIN_FY2025 Day-level period offset: 0d vs row reference 2025-12-31; aligned.	19.37% FY 2025; period end 2025-12-31; filed 2026-02-25 source · NUM_GL_NET_MARGIN_FY2025 Day-level period offset: 0d vs row reference 2025-12-31; aligned.
Operating margin	Quarantined: Only 2 of 10 companies have a verified fact; threshold is 4.
Free cash flow	Quarantined: Only 1 of 10 companies have a verified fact; threshold is 4.
Capital expenditures	Quarantined: Only 1 of 10 companies have a verified fact; threshold is 4.
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 FY 2025; period end 2025-12-31; filed 2026-02-19; reporting currency USD source · NUM_MET_DIVIDENDS_PAID_FY2025 Day-level period offset: 0d vs row reference 2025-12-31; aligned.	1,926,000,000 FY 2025; period end 2025-12-31; filed 2026-02-12; reporting currency USD source · NUM_PRU_DIVIDENDS_PAID_FY2025 Day-level period offset: 0d vs row reference 2025-12-31; aligned.	240,000,000 FY 2025; period end 2025-12-31; filed 2026-02-20; reporting currency USD source · NUM_RGA_DIVIDENDS_PAID_FY2025 Day-level period offset: 0d vs row reference 2025-12-31; aligned.	511,000,000 FY 2025; period end 2025-12-31; filed 2026-02-11; reporting currency USD source · NUM_CRBG_DIVIDENDS_PAID_FY2025 Day-level period offset: 0d vs row reference 2025-12-31; aligned.	325,000,000 FY 2025; period end 2025-12-31; filed 2026-02-19; reporting currency USD source · NUM_LNC_DIVIDENDS_PAID_FY2025 Day-level period offset: 0d vs row reference 2025-12-31; aligned.	178,000,000 FY 2025; period end 2025-12-31; filed 2026-02-20; reporting currency USD source · NUM_VOYA_DIVIDENDS_PAID_FY2025 Day-level period offset: 0d vs row reference 2025-12-31; aligned.	Not available.	Not available.	223,000,000 FY 2025; period end 2025-12-31; filed 2026-02-24; reporting currency USD source · NUM_JXN_DIVIDENDS_PAID_FY2025 Day-level period offset: 0d vs row reference 2025-12-31; aligned.	86,067,000 FY 2025; period end 2025-12-31; filed 2026-02-25; reporting currency USD source · NUM_GL_DIVIDENDS_PAID_FY2025 Day-level period offset: 0d vs row reference 2025-12-31; aligned.
Share buybacks	2,883,000,000 FY 2025; period end 2025-12-31; filed 2026-02-19; reporting currency USD source · NUM_MET_SHARE_BUYBACKS_FY2025 Day-level period offset: 0d vs row reference 2025-12-31; aligned.	1,000,000,000 FY 2025; period end 2025-12-31; filed 2026-02-12; reporting currency USD source · NUM_PRU_SHARE_BUYBACKS_FY2025 Day-level period offset: 0d vs row reference 2025-12-31; aligned.	Not available.	2,118,000,000 FY 2025; period end 2025-12-31; filed 2026-02-11; reporting currency USD source · NUM_CRBG_SHARE_BUYBACKS_FY2025 Day-level period offset: 0d vs row reference 2025-12-31; aligned.	0.00 FY 2024; period end 2024-12-31; filed 2025-02-21; reporting currency USD source · NUM_LNC_SHARE_BUYBACKS_FY2024 Day-level period offset: different fiscal year (365 days before row reference) vs row reference 2025-12-31; offset.	200,000,000 FY 2025; period end 2025-12-31; filed 2026-02-20; reporting currency USD source · NUM_VOYA_SHARE_BUYBACKS_FY2025 Day-level period offset: 0d vs row reference 2025-12-31; aligned.	247,000,000 FY 2025; period end 2025-12-31; filed 2026-02-27; reporting currency USD source · NUM_GNW_SHARE_BUYBACKS_FY2025 Day-level period offset: 0d vs row reference 2025-12-31; aligned.	102,000,000 FY 2025; period end 2025-12-31; filed 2026-02-24; reporting currency USD source · NUM_BHF_SHARE_BUYBACKS_FY2025 Day-level period offset: 0d vs row reference 2025-12-31; aligned.	669,000,000 FY 2025; period end 2025-12-31; filed 2026-02-24; reporting currency USD source · NUM_JXN_SHARE_BUYBACKS_FY2025 Day-level period offset: 0d vs row reference 2025-12-31; aligned.	880,983,000 FY 2025; period end 2025-12-31; filed 2026-02-25; reporting currency USD source · NUM_GL_SHARE_BUYBACKS_FY2025 Day-level period offset: 0d vs row reference 2025-12-31; aligned.
Assets	745,166,000,000 FY 2025; period end 2025-12-31; filed 2026-02-19; reporting currency USD source · NUM_MET_ASSETS_FY2025 Day-level period offset: 0d vs row reference 2025-12-31; aligned.	773,740,000,000 FY 2025; period end 2025-12-31; filed 2026-02-12; reporting currency USD source · NUM_PRU_ASSETS_FY2025 Day-level period offset: 0d vs row reference 2025-12-31; aligned.	156,590,000,000 FY 2025; period end 2025-12-31; filed 2026-02-20; reporting currency USD source · NUM_RGA_ASSETS_FY2025 Day-level period offset: 0d vs row reference 2025-12-31; aligned.	413,547,000,000 FY 2025; period end 2025-12-31; filed 2026-02-11; reporting currency USD source · NUM_CRBG_ASSETS_FY2025 Day-level period offset: 0d vs row reference 2025-12-31; aligned.	417,204,000,000 FY 2025; period end 2025-12-31; filed 2026-02-19; reporting currency USD source · NUM_LNC_ASSETS_FY2025 Day-level period offset: 0d vs row reference 2025-12-31; aligned.	178,859,000,000 FY 2025; period end 2025-12-31; filed 2026-02-20; reporting currency USD source · NUM_VOYA_ASSETS_FY2025 Day-level period offset: 0d vs row reference 2025-12-31; aligned.	88,083,000,000 FY 2025; period end 2025-12-31; filed 2026-02-27; reporting currency USD source · NUM_GNW_ASSETS_FY2025 Day-level period offset: 0d vs row reference 2025-12-31; aligned.	241,800,000,000 FY 2025; period end 2025-12-31; filed 2026-02-24; reporting currency USD source · NUM_BHF_ASSETS_FY2025 Day-level period offset: 0d vs row reference 2025-12-31; aligned.	352,586,000,000 FY 2025; period end 2025-12-31; filed 2026-02-24; reporting currency USD source · NUM_JXN_ASSETS_FY2025 Day-level period offset: 0d vs row reference 2025-12-31; aligned.	30,813,692,000 FY 2025; period end 2025-12-31; filed 2026-02-25; reporting currency USD source · NUM_GL_ASSETS_FY2025 Day-level period offset: 0d vs row reference 2025-12-31; aligned.
Liabilities / equity	25.22 FY 2025; period end 2025-12-31; filed 2026-02-19 source · NUM_MET_LIABILITIES_TO_EQUITY_FY2025 Day-level period offset: 0d vs row reference 2025-12-31; aligned.	22.76 FY 2025; period end 2025-12-31; filed 2026-02-12 source · NUM_PRU_LIABILITIES_TO_EQUITY_FY2025 Day-level period offset: 0d vs row reference 2025-12-31; aligned.	10.63 FY 2025; period end 2025-12-31; filed 2026-02-20 source · NUM_RGA_LIABILITIES_TO_EQUITY_FY2025 Day-level period offset: 0d vs row reference 2025-12-31; aligned.	30.27 FY 2025; period end 2025-12-31; filed 2026-02-11 source · NUM_CRBG_LIABILITIES_TO_EQUITY_FY2025 Day-level period offset: 0d vs row reference 2025-12-31; aligned.	37.25 FY 2025; period end 2025-12-31; filed 2026-02-19 source · NUM_LNC_LIABILITIES_TO_EQUITY_FY2025 Day-level period offset: 0d vs row reference 2025-12-31; aligned.	34.69 FY 2025; period end 2025-12-31; filed 2026-02-20 source · NUM_VOYA_LIABILITIES_TO_EQUITY_FY2025 Day-level period offset: 0d vs row reference 2025-12-31; aligned.	8.95 FY 2025; period end 2025-12-31; filed 2026-02-27 source · NUM_GNW_LIABILITIES_TO_EQUITY_FY2025 Day-level period offset: 0d vs row reference 2025-12-31; aligned.	34.72 FY 2025; period end 2025-12-31; filed 2026-02-24 source · NUM_BHF_LIABILITIES_TO_EQUITY_FY2025 Day-level period offset: 0d vs row reference 2025-12-31; aligned.	34.39 FY 2025; period end 2025-12-31; filed 2026-02-24 source · NUM_JXN_LIABILITIES_TO_EQUITY_FY2025 Day-level period offset: 0d vs row reference 2025-12-31; aligned.	4.16 FY 2025; period end 2025-12-31; filed 2026-02-25 source · NUM_GL_LIABILITIES_TO_EQUITY_FY2025 Day-level period offset: 0d vs row reference 2025-12-31; aligned.

Code-computed comparisons

Reported net margin range: range endpoints are CRBG (-1.98%) and GL (19.37%). Calendar period: 2025-Q4. Computed from facts NUM_CRBG_NET_MARGIN_FY2025 and NUM_GL_NET_MARGIN_FY2025; comparability: period aligned; reference 2025-12-31; offsets BHF 0d aligned, CRBG 0d aligned, GL 0d aligned, GNW 0d aligned, JXN 0d aligned, LNC 0d aligned, MET 0d aligned, PRU 0d aligned, RGA 0d aligned, VOYA 0d aligned; tags clean; no authored numeric comparison.
Latest reported revenue range: range endpoints are GL (5,994,318,000) and MET (77,084,000,000). Calendar period: 2025-Q4. Computed from facts NUM_GL_REVENUE_FY2025 and NUM_MET_REVENUE_FY2025; comparability: period aligned; reference 2025-12-31; offsets BHF 0d aligned, CRBG 0d aligned, GL 0d aligned, GNW 0d aligned, JXN 0d aligned, LNC 0d aligned, MET 0d aligned, PRU 0d aligned, RGA 0d aligned, VOYA 0d aligned; tags clean; no authored numeric comparison.

Market-risk companion: risk and factor comparison from lmfin. It is descriptive and separate from the SEC fundamentals review.

Narrative Matrix

Dimension	MET	PRU	RGA	CRBG	LNC	VOYA	GNW	BHF	JXN	GL
Business model	Quarantined: no direct dimension-relevant quote survived the gate.	Quarantined: no direct dimension-relevant quote survived the gate.	Quarantined: no direct dimension-relevant quote survived the gate.	Quarantined: no direct dimension-relevant quote survived the gate.	Quarantined: no direct dimension-relevant quote survived the gate.	Quarantined: no direct dimension-relevant quote survived the gate.	Quarantined: no direct dimension-relevant quote survived the gate.	Quarantined: no direct dimension-relevant quote survived the gate.	Quarantined: no direct dimension-relevant quote survived the gate.	Quarantined: no direct dimension-relevant quote survived the gate.
Geographic and customer exposure	Quarantined: no direct dimension-relevant quote survived the gate.	Quarantined: no direct dimension-relevant quote survived the gate.	Quarantined: no direct dimension-relevant quote survived the gate.	Quarantined: no direct dimension-relevant quote survived the gate.	Quarantined: no direct dimension-relevant quote survived the gate.	Quarantined: no direct dimension-relevant quote survived the gate.	Quarantined: no direct dimension-relevant quote survived the gate.	Quarantined: no direct dimension-relevant quote survived the gate.	Quarantined: no direct dimension-relevant quote survived the gate.	Quarantined: no direct dimension-relevant quote survived the gate.
Capital allocation	Quarantined: no direct dimension-relevant quote survived the gate.	Quarantined: no direct dimension-relevant quote survived the gate.	Quarantined: no direct dimension-relevant quote survived the gate.	Quarantined: no direct dimension-relevant quote survived the gate.	Quarantined: no direct dimension-relevant quote survived the gate.	Quarantined: no direct dimension-relevant quote survived the gate.	Quarantined: no direct dimension-relevant quote survived the gate.	Quarantined: no direct dimension-relevant quote survived the gate.	Quarantined: no direct dimension-relevant quote survived the gate.	Quarantined: no direct dimension-relevant quote survived the gate.
Stated strategy in filings	Quarantined: no direct dimension-relevant quote survived the gate.	Quarantined: no direct dimension-relevant quote survived the gate.	Quarantined: no direct dimension-relevant quote survived the gate.	Quarantined: no direct dimension-relevant quote survived the gate.	Quarantined: no direct dimension-relevant quote survived the gate.	Quarantined: no direct dimension-relevant quote survived the gate.	Quarantined: no direct dimension-relevant quote survived the gate.	Quarantined: no direct dimension-relevant quote survived the gate.	Quarantined: no direct dimension-relevant quote survived the gate.	Quarantined: no direct dimension-relevant quote survived the gate.
Idiosyncratic risks in filings	Quarantined: no direct dimension-relevant quote survived the gate.	Quarantined: no direct dimension-relevant quote survived the gate.	Quarantined: no direct dimension-relevant quote survived the gate.	Quarantined: no direct dimension-relevant quote survived the gate.	Quarantined: no direct dimension-relevant quote survived the gate.	Quarantined: no direct dimension-relevant quote survived the gate.	Quarantined: no direct dimension-relevant quote survived the gate.	Quarantined: no direct dimension-relevant quote survived the gate.	Quarantined: no direct dimension-relevant quote survived the gate.	Quarantined: no direct dimension-relevant quote survived the gate.
Recent narrative change	Quarantined: no direct dimension-relevant quote survived the gate.	Quarantined: no direct dimension-relevant quote survived the gate.	Quarantined: no direct dimension-relevant quote survived the gate.	Quarantined: no direct dimension-relevant quote survived the gate.	Quarantined: no direct dimension-relevant quote survived the gate.	Quarantined: no direct dimension-relevant quote survived the gate.	Quarantined: no direct dimension-relevant quote survived the gate.	Quarantined: no direct dimension-relevant quote survived the gate.	Quarantined: no direct dimension-relevant quote survived the gate.	Quarantined: no direct dimension-relevant quote survived the gate.

Gate summary

Facts: 61. Claims survived: 0. Claims dropped: 0. Cells quarantined: 60.

Quarantined 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.

Quarantined dimensions

business_model: No verified cells survived the gate.
geographic_customer_exposure: No verified cells survived the gate.
capital_allocation: No verified cells survived the gate.
stated_strategy: No verified cells survived the gate.
idiosyncratic_risks: No verified cells survived the gate.
recent_narrative_change: No verified cells survived the gate.

Quarantined cells

MET / business_model: No direct dimension-relevant quote survived the evidence gate.
PRU / business_model: No direct dimension-relevant quote survived the evidence gate.
RGA / business_model: No direct dimension-relevant quote survived the evidence gate.
CRBG / business_model: No direct dimension-relevant quote survived the evidence gate.
LNC / business_model: No direct dimension-relevant quote survived the evidence gate.
VOYA / business_model: No direct dimension-relevant quote survived the evidence gate.
GNW / business_model: No direct dimension-relevant quote survived the evidence gate.
BHF / business_model: No direct dimension-relevant quote survived the evidence gate.
JXN / business_model: No direct dimension-relevant quote survived the evidence gate.
GL / business_model: No direct dimension-relevant quote survived the evidence gate.
MET / geographic_customer_exposure: No direct dimension-relevant quote survived the evidence gate.
PRU / geographic_customer_exposure: No direct dimension-relevant quote survived the evidence gate.
RGA / geographic_customer_exposure: No direct dimension-relevant quote survived the evidence gate.
CRBG / geographic_customer_exposure: No direct dimension-relevant quote survived the evidence gate.
LNC / geographic_customer_exposure: No direct dimension-relevant quote survived the evidence gate.
VOYA / geographic_customer_exposure: No direct dimension-relevant quote survived the evidence gate.
GNW / geographic_customer_exposure: No direct dimension-relevant quote survived the evidence gate.
BHF / geographic_customer_exposure: No direct dimension-relevant quote survived the evidence gate.
JXN / geographic_customer_exposure: No direct dimension-relevant quote survived the evidence gate.
GL / geographic_customer_exposure: No direct dimension-relevant quote survived the evidence gate.
MET / capital_allocation: No direct dimension-relevant quote survived the evidence gate.
PRU / capital_allocation: No direct dimension-relevant quote survived the evidence gate.
RGA / capital_allocation: No direct dimension-relevant quote survived the evidence gate.
CRBG / capital_allocation: No direct dimension-relevant quote survived the evidence gate.