Premium
Premium statistics

Industry-specific and extensively researched technical data (partially from exclusive partnerships).

A paid subscription is required for full access.

Total revenue of U.S. life/annuity insurance industry 2009-2018

Total revenue of life/annuity insurance industry in the United States from 2009 to 2018 (in billion U.S. dollars)

by Jennifer Rudden, last edited Oct 23, 2019
Total revenue of U.S. life/annuity insurance industry 2009-2018 In 2018, the U.S. life/annuity insurance industry generated revenues of 905.4 billion U.S. dollars. A life annuity is an insurance product, which is commonly used to provide a guaranteed income in retirement that cannot be outlived. The annuitant pays into it periodically while they’re still working, or makes a lump sum purchase upon retirement to provide a reliable, usually monthly, source of income.

Life/annuity insurance lines

The life/annuity insurance industry provides three lines of insurance: annuities, accident and health, and life insurance. The value of direct premiums written of annuities have been consistently higher than those of the other two lines. Prudential Financial was the U.S. life insurer with the largest annuity reserves in 2017.

Most popular life insurance distribution channel

Over half of all life insurance sales were made by independent agents in 2018. The next most used distribution channel were affiliated, or captive, agents who made 38 percent of the sales in that year.
Show more

Total revenue of life/annuity insurance industry in the United States from 2009 to 2018 (in billion U.S. dollars)

Statista Accounts: Access All Statistics. Starting from $588 / Year
Basic Account
Get to know the platform

You only have access to basic statistics.
This statistic is not included in your account!

Premium Account
Your perfect start with Statista
  • Instant access to 1m statistics
  • Download in XLS, PDF & PNG format
  • Detailed references

$49 / Month *

Corporate Account
Full access

Corporate solution including all features.

* All products require an annual contract.
   Prices do not include sales tax.
Leading companies trust Statista:
paypalgoogleadobepgsamsungtelekom
Related Studies: Available to Download in PDF or PPTX Format
Health insurance in the United States
Health insurance in the United States

All Information
in one Presentation

Health insurance in the United States

Everything On "Health insurance in the United States" in One Document: Edited and Divided into Handy Chapters. Including Detailed References.

Statista is a great source of knowledge, and pretty helpful to manage the daily work.
Christof Baron

Christof Baron
CEO, MindShare Germany

Statistics on "Life insurance in the United States"
  • Life insurance market
The most important statistics
  • Key figures
  • Policy purchases
  • Consumer perspective
  • Miscellaneuous
Discover Statista
Need help with using Statista for your research? Tutorials and first steps
Further Content: Statistics, Studies, and Topic Pages
Statista Accounts: Access All Statistics. Starting from $588 / Year
Learn more about how Statista can support your business.
Do you have any questions about our business solutions?

We provide you with detailed information about our Corporate Account.