The number of life insurance policies in force in the United States has remained below *** million between 2010 and 2023. In 2023, there were approximately ****** million life insurance policies in force in the United States. Impact of 2008 recession on life insurance The year after the 2008 recession, the total number of life insurance policies in force dropped from around *** million to *** million. When money is tight, it appears that consumers think life insurance is something they can’t afford, instead of a tool which can be used to protect their loved ones in an emergency. Furthermore, even though the economy has since improved, the number of life insurance policies which people have has not been able to bounce back to what it was before the crisis. Did the life insurance sector ever fully recover? The face value of individual policies shows an upward trend, as does the face amount of all policies since 1998. They also show a recovery since declining in the 2008 financial crisis. Moreover, the number of life insurance policy purchases seems to have reached its highest number in 2023.

Indonesia Life Insurance: Claim and Benefit Paid data was reported at 12,894,827.228 IDR mn in Feb 2025. This records an increase from the previous number of 6,479,331.186 IDR mn for Jan 2025. Indonesia Life Insurance: Claim and Benefit Paid data is updated monthly, averaging 37,931,436.560 IDR mn from Jan 2015 (Median) to Feb 2025, with 122 observations. The data reached an all-time high of 85,699,198.865 IDR mn in Dec 2018 and a record low of 4,640,683.304 IDR mn in Jan 2021. Indonesia Life Insurance: Claim and Benefit Paid data remains active status in CEIC and is reported by Indonesia Financial Services Authority. The data is categorized under Indonesia Premium Database’s Insurance Sector – Table ID.RGF002: Insurance Statistics: Life Insurance: Income Statement.

Life insurance ownership in the United States slightly declined again in 2024. In that year, ** percent of Americans owned life insurance, up from ** percent in 2023. Life insurance is a contract between an insurer and a policyholder, which is a form of financial protection for named beneficiaries of the insured person in case of their death. In 2023, the most common reason for owning life insurance was to cover burial and final expenses.

Financial Services Commission_Financial Statistics Life Insurance Information is data that provides information on the general status, financial structure, management performance, and main business activities of life insurance companies based on the base year and month and company name. This data consists of four operations. Each operation is as follows. ① Life Insurance Company General Status Inquiry: Provides information such as company name, date of establishment, head office location, and distribution of branches. ② Life Insurance Company Financial Status Inquiry: You can inquire about financial status-related statistics such as assets, liabilities, and capital. ③ Life Insurance Company Key Management Indicator Inquiry: Provides key management performance indicators such as ROA, ROE, and premium return. ④ Life Insurance Company Key Business Activities Inquiry: Provides main business performance such as insurance payment amount, number of contracts, and new contract guaranteed premiums.

Japan Life Insurance: Premium data was reported at 32,442.494 JPY bn in 2018. This records a decrease from the previous number of 33,459.133 JPY bn for 2017. Japan Life Insurance: Premium data is updated yearly, averaging 29,530.117 JPY bn from Mar 1976 (Median) to 2018, with 31 observations. The data reached an all-time high of 37,748.110 JPY bn in 2016 and a record low of 3,981.162 JPY bn in 1976. Japan Life Insurance: Premium data remains active status in CEIC and is reported by The Life Insurance Association of Japan. The data is categorized under Global Database’s Japan – Table JP.Z021: Life Insurance Statistics.

Denmark was the the OECD country with the highest reinsurance retention rate for life insurance in 2021, with **** percent. This means that **** percent of life insurance premiums taken on by Danish insurers were kept on their books, rather that being passed to reinsurers. This compares to an OECD average of **** percent, a ratio of **** percent in the United States, and **** percent in the United Kingdom.

The Life Insurance Institution-level Statistics publication contains individual insurer level information about financial performance, position, and capital base and solvency data.

The Asia-Pacific Life and Non-Life Insurance Market is Segmented by Insurance Type (Life Insurance, Non-Life Insurance), Distribution Channel (Agency Force, Bancassurance, Brokers & IFAs, and More), Customer Segment (Retail / Mass Market, High-Net-Worth & Affluent, and More), and Region. The Market Forecasts are Provided in Value (USD).

The Quarterly Life Insurance Performance Statistics publication provides industry aggregate summaries of financial performance, financial position, solvency, capital adequacy and management capital, as well as details of the performance of individual product groups.

Graph and download economic data for Life Insurance Companies; Total Financial Assets, Level (BOGZ1FL544090005Q) from Q4 1945 to Q2 2025 about life, insurance, assets, and USA.

Graph and download economic data for Life Insurance Premium Volume to GDP for Lao People's Democratic Republic (DDDI09LAA156NWDB) from 1995 to 2019 about Laos, premium, life, insurance, and GDP.

Graph and download economic data for Non-Life Insurance Premium Volume to GDP for Netherlands (DDDI10NLA156NWDB) from 1990 to 2020 about premium, Netherlands, life, insurance, and GDP.

Life Insurance: Decrease (increase) in Premium Reserve And Unearned Premium Reserve data was reported at -2,494,074.698 IDR mn in Feb 2025. This records an increase from the previous number of -2,648,471.612 IDR mn for Jan 2025. Life Insurance: Decrease (increase) in Premium Reserve And Unearned Premium Reserve data is updated monthly, averaging -904,423.607 IDR mn from Jan 2015 (Median) to Feb 2025, with 122 observations. The data reached an all-time high of -11,733.605 IDR mn in Dec 2015 and a record low of -2,838,304.156 IDR mn in Apr 2024. Life Insurance: Decrease (increase) in Premium Reserve And Unearned Premium Reserve data remains active status in CEIC and is reported by Indonesia Financial Services Authority. The data is categorized under Indonesia Premium Database’s Insurance Sector – Table ID.RGF002: Insurance Statistics: Life Insurance: Income Statement.

Life Insurance Premium Income Statistics (Life Insurance Performance Statistics) (Life Insurance Association)

Number of life insurance policies for each administered life insurance program listed by state. Data is current as of 4-30-11. All programs are closed to new issues except for Service-Disabled Veterans' Insurance and Veterans' Mortgage Life Insurance. United States Government Life Insurance was issued to WWI military personnel and Veterans. National Service Life Insurance was established to meet the needs of WWII military personnel and Veterans. Veterans' Special Life Insurance was issued to Korean War-era Veterans. Veterans' Reopened Insurance provides coverage to certain classes of disabled Veterans from WWII and the Korean conflict who had dropped their government life insurance coverage. Service-Disabled Veterans' Insurance was established in 1951 and is available to Veterans with service-connected disabilities. Veterans' Mortgage Life Insurance was established in 1971 to provide mortgage protection life insurance to severely disabled Veterans who have received grants for the purchase of specially-adapted housing.

In 2023, the global insurance industry wrote life premiums worth approximately *** trillion U.S. dollars, and non-life premiums to the value of around *** trillion U.S. dollars.

Insurance Statistic: Gross Claim: Sharia Non Life Insurance & Reinsurance: Market Share data was reported at 3.490 % in 2023. This records a decrease from the previous number of 4.050 % for 2022. Insurance Statistic: Gross Claim: Sharia Non Life Insurance & Reinsurance: Market Share data is updated yearly, averaging 3.120 % from Dec 2008 (Median) to 2023, with 16 observations. The data reached an all-time high of 4.080 % in 2017 and a record low of 1.820 % in 2008. Insurance Statistic: Gross Claim: Sharia Non Life Insurance & Reinsurance: Market Share data remains active status in CEIC and is reported by Indonesia Financial Services Authority. The data is categorized under Indonesia Premium Database’s Insurance Sector – Table ID.RGA004: Insurance Statistics: Market Share.

A total of ** countries in Europe reported gross direct premiums in the life insurance sector amounting to more than ** billion euros in 2023. France had the highest amount at almost *** billion euros, followed by Germany and Italy at approximately *** and **** billion euros respectively. The top three countries accounted for almost ** percent of the total life insurance market in Europe. In 2023, the total amount of direct gross written premiums on the European life insurance market was over *** billion euros.

Thailand Life Insurance Premiums: Direct data was reported at 303,378.348 THB mn in Jun 2018. This records an increase from the previous number of 155,534.111 THB mn for Mar 2018. Thailand Life Insurance Premiums: Direct data is updated quarterly, averaging 91,664.891 THB mn from Mar 1994 (Median) to Jun 2018, with 98 observations. The data reached an all-time high of 591,410.706 THB mn in Dec 2017 and a record low of 8,863.336 THB mn in Mar 1994. Thailand Life Insurance Premiums: Direct data remains active status in CEIC and is reported by Office of Insurance Commission. The data is categorized under Global Database’s Thailand – Table TH.Z030: Life Insurance Statistics.

The number of life insurance companies in the United States rose significantly in the first few years of the time period under observation, before decreasing year-on-year until the present day. In 2023, there were a total of *** life insurance companies in the United States, down from *** in the previous year. The number of life insurers peaked in 1990, with well over ***** life insurance companies in the United States that year. Life and annuities in the United StatesBeing home to one of the largest insurance markets in the world, the life/annuity insurance industry in the United States generated a total revenue of over one trillion U.S. dollars in 2022. Generally, life insurance provides the insured individual's family with financial protection in the event that they die before meeting that individual's financial obligations. On the other hand, an annuity is a contract whereby the insured individual agrees to pay the insurer a certain amount of money, which then entitles them to receive a series of payments from the insurer in the future. Insurers dominate different areas of the industryThe U.S. insurance market is quite competitive, with different insurers leading the industry by varying factors. For instance, the largest life insurer on the U.S. market in 2021 was Northwestern Mutual when considering company market share. However, Prudential Financial was the largest life insurer in the U.S. in 2021 by the total value of assets held.