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.
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
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 November 21, 2024, from https://www.statista.com/statistics/214555/total-direct-premiums-written-of-us-life-and-health-insurance-industry/
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 November 21, 2024. https://www.statista.com/statistics/214555/total-direct-premiums-written-of-us-life-and-health-insurance-industry/
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: November 21, 2024. https://www.statista.com/statistics/214555/total-direct-premiums-written-of-us-life-and-health-insurance-industry/
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/
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/ (last visited November 21, 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], 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/
