A number of current and former structured settlement annuity companies are listed in the 2011 Fortune World Most Admired list which will be published March 21, 2011. The Fortune World Most Admired list has been "the definitive report card on corporate reputations" since 1997. The relevance of the survey is that a leader in this survey has been adjudged a leader by its peers.
Most Admired Leaders In the Life and Health Insurance Industry
2 Prudential Finanical
5 New York Life
6 Massachusetts Mutual
8 Manulife Finanical (former structured annuity issuer in USA and parent of current USA annuity issuers John Hancock Life Insuance Company (USA) and John Hancock Life Insurance Company of New York)
12 AEGON (parent of former structured annuity issuers)
16 Aviva (parent of former annuity issuers)
A number of structured settlement annuity issuers are part of an organization that also writes property and casualty insurance and thus do not appear in the life survey.
In the "P&C" category, Allstate is ranked 9th, Liberty Mutual Insurance Group (parent of structured annuity issuer Liberty Life Assurance of Boston) is ranked 10th, Hartford Financial Services Group (parent of former structured annuity issuer Hartford Life) is ranked 11th and American International Group (parent of current structured annuity issuers American General, United States Life Insurance Company in the City of New York and former issuers VALIC and AIG LIfe) is ranked 16th.
The annual survey draws from the Fortune 1,000 -- the 1,000 largest U.S. companies ranked by revenue; non-U.S. companies in Fortune's Global 500 database with revenue of $10 billion or more; and the top foreign companies operating in the U.S.
The companies are then sorted by industry and with the 15 largest selected for each international industry and the 10 largest for each U.S. industry. A total of 673 companies from 32 countries were surveyed. To create the 57 industry lists, the global management consulting firm Hay Group asked executives, directors, and analysts to rate companies in their own industry on nine criteria, some of which are listed below
- Quality of products and services
- Long-term investment
- Quality of management
- Social responsibility
- People management
- Use of corporate assets
- Global competitiveness