Structured settlement annuity issuers again appear in the FORTUNE list of America's Most Admired Companies for 2008. The annual FORTUNE survey has been called "the definitive report card on corporate reputations".
There's nothing better than having your peers recognize you and the survey that forms the basis for these rankings does just that. Peers are asked to rate their competitors on the basis of these 8 points: Innovation, People Management, Use of Corporate Assets, Social Responsibility, Quality of Management, Financial soundness, Long Term Investment and Product/Service Quality.
Structured settlement annuity issuers fall into two categories (1) Insurance-Life and Health; and (2) Insurance-Property and Casualty. A number of structured settlement annuity issuers fall into the P&C Category because of the diversity of their businesses.
Life & Health Category
New York Life #2
Prudential Financial #5
MetLife #6 improvement
P&C Category
Hartford Financial #3 improvement and a solid #3
Allstate #5 (but rated #4 in financial soundness)
AIG #7 (but rated #4 in innovation)
Liberty Mutual #8 improvement
Former structured settlement annuity issuers Massachusetts Mutual and Genworth Financial deserve mention because structured settlements are meant to provide long term security and both are in the top 10 for life and health. The #1 company on the domestic life side, perennial leader Northwestern Mutual, issues annuities but does not write structured settlement annuities.
On a global basis, this the world insurance leaders surveyed by Fortune, rank companies in their industry:
Life & Health Category
Prudential Financial #1
New York Life #3
MetLife #4
Aviva#12
P&C Category
AIG #4
Liberty Mutual #8
For a list of Who Writes Structured Settlement Annuities, financial ratings and company links, including links to companies that write annuities for non qualified assignments, structured attorney fees and structured installment sales, all in one spot, please click here.
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