U.S. Insurance Industry: All Sectors (2024)

YearProperty/casualty (1)Life/annuity (2)Total
2013$481,517,971$560,069,272$1,041,587,243
2014502,842,475644,479,8531,147,322,328
2015520,149,847635,549,2161,155,699,063
2016533,761,961597,634,1581,131,396,119
2017558,261,241594,906,5801,153,167,821
2018618,129,596599,149,1411,217,278,737
2019639,687,416677,311,9291,316,999,345
2020655,562,181621,916,1801,277,478,361
2021715,452,000635,733,0031,351,185,003
2022775,106,443698,528,5361,473,634,979
Percent change
2013-202261.0%24.7%41.5%
2021-20228.39.99.1

(1) Net premiums written before reinsurance transactions, excludes state funds, includes accident and health insurance.
(2) Includes premiums, annuity considerations (fees for annuity contracts), deposit-type funds and accident and health insurance.

Source: NAIC data, sourced from S&P Global Market Intelligence, Insurance Information Institute.

U.S. Insurance Industry: All Sectors (2024)
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