The largest segment for life and annuity insurance companies in the United States was annuities. In 2023, the gross annuity premiums amounted to almost 500 billion U.S. dollars compared with 214 billion U.S. dollars in life insurance premiums.
Value of direct premiums written by life/annuity insurance industry in the United States from 2011 to 2023, by line
(in billion U.S. dollars)
Accident and health premiums reported on the property/casualty and health annual statements and deposit-type funds were excluded.
The premiums presented are written before reinsurance transactions.
Figures have been rounded.
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Insurance Information Institute. (September 10, 2024). Value of direct premiums written by life/annuity insurance industry in the United States from 2011 to 2023, by line (in billion U.S. dollars) [Graph]. In Statista. Retrieved January 17, 2025, from https://www.statista.com/statistics/214555/total-direct-premiums-written-of-us-life-and-health-insurance-industry/?__sso_cookie_checker=failed
Insurance Information Institute. "Value of direct premiums written by life/annuity insurance industry in the United States from 2011 to 2023, by line (in billion U.S. dollars)." Chart. September 10, 2024. Statista. Accessed January 17, 2025. https://www.statista.com/statistics/214555/total-direct-premiums-written-of-us-life-and-health-insurance-industry/?__sso_cookie_checker=failed
Insurance Information Institute. (2024). Value of direct premiums written by life/annuity insurance industry in the United States from 2011 to 2023, by line (in billion U.S. dollars). Statista. Statista Inc.. Accessed: January 17, 2025. https://www.statista.com/statistics/214555/total-direct-premiums-written-of-us-life-and-health-insurance-industry/?__sso_cookie_checker=failed
Insurance Information Institute. "Value of Direct Premiums Written by Life/Annuity Insurance Industry in The United States from 2011 to 2023, by Line (in Billion U.S. Dollars)." Statista, Statista Inc., 10 Sep 2024, https://www.statista.com/statistics/214555/total-direct-premiums-written-of-us-life-and-health-insurance-industry/?__sso_cookie_checker=failed
Insurance Information Institute, Value of direct premiums written by life/annuity insurance industry in the United States from 2011 to 2023, by line (in billion U.S. dollars) Statista, https://www.statista.com/statistics/214555/total-direct-premiums-written-of-us-life-and-health-insurance-industry/?__sso_cookie_checker=failed (last visited January 17, 2025)
Value of direct premiums written by life/annuity insurance industry in the United States from 2011 to 2023, by line (in billion U.S. dollars) [Graph], Insurance Information Institute, September 10, 2024. [Online]. Available: https://www.statista.com/statistics/214555/total-direct-premiums-written-of-us-life-and-health-insurance-industry/?__sso_cookie_checker=failed
