The number of life insurance companies in the United States reached a peak in 1990 and has fallen year-on-year ever since. In 2020, there were 747 U.S. life insurers, down from 761 in the previous year.
Development in the total number of life insurance companies in the United States from 1950 to 2020
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American Council of Life Insurers. (December 9, 2021). Development in the total number of life insurance companies in the United States from 1950 to 2020 [Graph]. In Statista. Retrieved June 29, 2022, from https://www.statista.com/statistics/194335/total-number-of-life-insurance-companies-in-the-us/
American Council of Life Insurers. "Development in the total number of life insurance companies in the United States from 1950 to 2020." Chart. December 9, 2021. Statista. Accessed June 29, 2022. https://www.statista.com/statistics/194335/total-number-of-life-insurance-companies-in-the-us/
American Council of Life Insurers. (2021). Development in the total number of life insurance companies in the United States from 1950 to 2020. Statista. Statista Inc.. Accessed: June 29, 2022. https://www.statista.com/statistics/194335/total-number-of-life-insurance-companies-in-the-us/
American Council of Life Insurers. "Development in The Total Number of Life Insurance Companies in The United States from 1950 to 2020." Statista, Statista Inc., 9 Dec 2021, https://www.statista.com/statistics/194335/total-number-of-life-insurance-companies-in-the-us/
American Council of Life Insurers, Development in the total number of life insurance companies in the United States from 1950 to 2020 Statista, https://www.statista.com/statistics/194335/total-number-of-life-insurance-companies-in-the-us/ (last visited June 29, 2022)