Life insurance ownership in the United States slightly declined again in 2024. In that year, 51 percent of Americans owned life insurance, up from 52 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.
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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.
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Graph and download economic data for Life Insurance Companies; Total Financial Assets, Level (BOGZ1FL544090005A) from 1945 to 2024 about life, insurance, assets, and USA.
The value of life insurance policy purchases in the United States has remained relatively constant over the past two decades. In 2023, the aggregate face amount of life insurance policy purchases amounted to 3.6 trillion U.S. dollars in the United States, up from 3.3 trillion U.S. dollars in the previous year.
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Life Insurance: Liabilities data was reported at 454,221,572.302 IDR mn in Dec 2024. This records an increase from the previous number of 452,182,646.536 IDR mn for Nov 2024. Life Insurance: Liabilities data is updated monthly, averaging 456,479,303.100 IDR mn from Aug 2014 (Median) to Dec 2024, with 125 observations. The data reached an all-time high of 533,938,790.981 IDR mn in Dec 2021 and a record low of 226,078,640.000 IDR mn in Aug 2014. Life Insurance: Liabilities 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.RGF001: Insurance Statistics: Life Insurance: Balance Sheet.
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Non Life Insurance: DP: Broker: Face to Face data was reported at 6,345,203.823 THB th in Dec 2024. This records a decrease from the previous number of 11,803,784.480 THB th for Nov 2024. Non Life Insurance: DP: Broker: Face to Face data is updated monthly, averaging 14,988,921.251 THB th from Jan 2022 (Median) to Dec 2024, with 36 observations. The data reached an all-time high of 19,637,697.716 THB th in Jan 2024 and a record low of 6,345,203.823 THB th in Dec 2024. Non Life Insurance: DP: Broker: Face to Face 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.Z033: Non Life Insurance Statistics.
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Non Life Insurance: DP: Agent: Electronic data was reported at 814.544 THB th in Dec 2024. This records a decrease from the previous number of 5,105.266 THB th for Nov 2024. Non Life Insurance: DP: Agent: Electronic data is updated monthly, averaging 5,942.527 THB th from Jan 2022 (Median) to Dec 2024, with 36 observations. The data reached an all-time high of 8,745.240 THB th in Nov 2022 and a record low of 219.607 THB th in Jan 2022. Non Life Insurance: DP: Agent: Electronic 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.Z033: Non Life Insurance Statistics.
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.
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The Life Insurance Institution-level Statistics publication contains individual insurer level information about financial performance, position, and capital base and solvency data.
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The Asia Pacific Life & Non-Life Insurance Market is Segmented by Insurance Type (Life Insurance (Individual, Group), Non-Life Insurance (Home, Motor, Others)], by Distribution Channel (Direct, Agency, Banks, and Other Distribution Channels), and by Geography (China, Japan, India, and Rest of Asia-Pacific). The Report Offers Market Size and Forecasts for the Asia-Pacific Life and Non-Life Insurance Market in Value (USD ) for all the Above Segments.
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Graph and download economic data for Life Insurance Companies; Policy Loans; Asset, Level (BOGZ1FL543069405Q) from Q4 1945 to Q4 2024 about life, insurance, assets, and USA.
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Graph and download economic data for Producer Price Index by Industry: Direct Life Insurance Carriers: Term Life Insurance Policies (PCU52411352411310101) from Dec 1998 to Feb 2025 about life, insurance, PPI, industry, inflation, price index, indexes, price, and USA.
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Graph and download economic data for Life Insurance Companies; Total Financial Assets, Level (BOGZ1FL544090005Q) from Q4 1945 to Q4 2024 about life, insurance, assets, and USA.
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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.
The number of life insurance policies in force in the United States has remained below 300 million between 2010 and 2023. In 2023, there were approximately 259.74 million of 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 335 million to 291 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 2008 financial crisis. Moreover, the number of life insurance policy purchases seems to have been reached its highest number in 2023.
Face value of insurance for each administered life insurance program listed by state. Data is current as of 8-31-11. 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.
Between 2011 and 2022 the balance sheet value of French life insurance companies grew year-on-year. By 2022, the balance sheet value amounted to approximately 2.2 trillion euros, up from 1.5 trillion euros in 2011.
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Taiwan Life Insurance: Premium Income: Individual: Life data was reported at 218,814.400 NTD mn in May 2018. This records an increase from the previous number of 214,980.385 NTD mn for Apr 2018. Taiwan Life Insurance: Premium Income: Individual: Life data is updated monthly, averaging 137,289.037 NTD mn from Jan 2005 (Median) to May 2018, with 161 observations. The data reached an all-time high of 285,613.969 NTD mn in Dec 2017 and a record low of 72,131.000 NTD mn in Feb 2005. Taiwan Life Insurance: Premium Income: Individual: Life data remains active status in CEIC and is reported by Taiwan Insurance Institute. The data is categorized under Global Database’s Taiwan – Table TW.Z026: Insurance Statistics: Life Insurance.
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Graph and download economic data for Life Insurance Premium Volume to GDP for Rwanda (DDDI09RWA156NWDB) from 2000 to 2011 about Rwanda, premium, life, insurance, and GDP.
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Graph and download economic data for Non-Life Insurance Premium Volume to GDP for Iceland (DDDI10ISA156NWDB) from 1990 to 2020 about Iceland, premium, life, insurance, and GDP.
Life insurance ownership in the United States slightly declined again in 2024. In that year, 51 percent of Americans owned life insurance, up from 52 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.