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Total revenue of life and health insurance industry in the United States from 2009 to 2016 (in billion U.S. dollars)

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Total revenue of U.S. life and health insurance industry 2009-2016 This statistic shows the total revenue of the life and health insurance industry in the United States from 2009 to 2016. In 2016, the U.S. life and health insurance industry generated a total revenue of 851.9 billion U.S. dollars.
Life and health insurance industry – additional information

The total revenue of the life and health insurance industry reached its highest level since 2009 in 2014. Total revenue generated was close to 880 billion U.S. dollars. In general, the life and health insurance market consists of two different types of companies: mutual and stock. A mutual life insurance company is owned by its policyholders while a stock insurance company is owned by investors who have purchased company stock. Mutual companies rebate profits to policy holders whereas stock company profits are distributed to investors.

The highest revenues generated by leading mutual life and health insurance companies in the United States, were recorded by New York Life Insurance Company with around 41 billion U.S. dollars, followed by Massachusetts Mutual Life Insurance with almost 38 billion U.S. dollars.
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Revenue in billion U.S. dollars
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Revenue in billion U.S. dollars
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Exclusive Premium statistic

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Description Source More information
This statistic shows the total revenue of the life and health insurance industry in the United States from 2009 to 2016. In 2016, the U.S. life and health insurance industry generated a total revenue of 851.9 billion U.S. dollars.
Life and health insurance industry – additional information

The total revenue of the life and health insurance industry reached its highest level since 2009 in 2014. Total revenue generated was close to 880 billion U.S. dollars. In general, the life and health insurance market consists of two different types of companies: mutual and stock. A mutual life insurance company is owned by its policyholders while a stock insurance company is owned by investors who have purchased company stock. Mutual companies rebate profits to policy holders whereas stock company profits are distributed to investors.

The highest revenues generated by leading mutual life and health insurance companies in the United States, were recorded by New York Life Insurance Company with around 41 billion U.S. dollars, followed by Massachusetts Mutual Life Insurance with almost 38 billion U.S. dollars.
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Release date
January 2018
Region
United States
Survey time period
2009 to 2016

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