1. ReportLinker Data
  2. Financial Services
  3. Insurance
  4. Life Insurance
  5. Life Insurance Firms Num…
  6. Life Insurers in the US

Life insurers in United States drops in 2017

In 2017 number of life insurance firms barely fell by 2.26%, according to data released by American Council of Life Insurers. Number of life insurance firms went down negligibly by 18, as it follows the tendency of the prior year when it diminished by 2.21%. United States saw a fall of 60.27% in number of life insurance firms during the last 38 years. Besides, it has had a negative CAGR of 0.02% over the five years with a marginal overall drop since the 1980. It averaged 1 456.87 from 1980 to 2017 and it reached its all-time high of 2 343 in 1988 and record low of 206 in 1982.

Life insurers in United States drops in 2017
Date Number Variation
2017 778.00 -2.26
2016 796.00 -2.21
2015 814.00 -1.93
2014 830.00 -2.35
2013 850.00 -2.07
2012 868.00 -3.02
2011 895.00 -2.4
2010 917.00 -3.07
2009 946.00 -3.07
2008 976.00 -3.27

Related Statistics

Life Insurance Firms Number in other Countries

Main Life Insurance Indicators

  • Life Insurance Gross Written Premium

    Total premium on insurance underwritten by a life insurer or reinsurer during a specified period, before deduction of reinsurance premium. It is the sum of the direct and assumed premium written and represents an indicator of the importance of the life insurance industry in a given country. Usually measured in millions or billions of national currency. A life insurer is defined as a corporation legally authorized to act as a life insurer by offering insurance policies that pay a monetary benefit to the insured person's survivors after his/her death. Based on: US National Association of Insurance Commissioners.

  • Life Insurance Firms Number

    Number of life insurance firms at a given date in a country. A life insurance firm is defined as a corporation legally authorized to act as a life insurer by offering insurance policies that pay a monetary benefit to the insured person's survivors after his/her death. Based on: US National Association of Insurance Commissioners.

  • Life Insurance Claims

    Requests made by the insured for insurer remittance of payment due to loss incurred and covered under the life insurance policy agreement, usually expressed in millions or billions of national currency. A life insurer is defined as a corporation legally authorized to act as a life insurer by offering insurance policies that pay a monetary benefit to the insured person's survivors after his/her death. Based on: US National Association of Insurance Commissioners.

  • Life Insurance Revenue

    Revenue generated by life insurance, usually expressed in millions or billions of national currency. A life insurer is defined as a corporation legally authorized to act as a life insurer by offering insurance policies that pay a monetary benefit to the insured person's survivors after his/her death. Based on: US National Associaton of Insurance Commissioners.

  • Life Insurance Premium Written