Direct Premiums Written, Property/Casualty and Life/Annuity Insurance, 2014-2023 |
($000)
|
Year |
Property/casualty (1) |
Life/annuity (2) |
Total |
2014 |
$570,782,303 |
$662,282,225 |
$1,233,064,528 |
2015 |
591,757,789 |
681,077,936 |
1,272,835,725 |
2016 |
613,383,327 |
683,352,546 |
1,296,735,873 |
2017 |
642,531,528 |
691,370,484 |
1,333,902,012 |
2018 |
678,266,386 |
732,088,541 |
1,410,354,927 |
2019 |
712,471,198 |
768,019,838 |
1,480,491,036 |
2020 |
729,019,771 |
773,650,404 |
1,502,670,175 |
2021 |
797,777,836 |
827,717,052 |
1,625,494,888 |
2022 |
876,144,640 |
890,589,421 |
1,766,734,061 |
2023 |
964,228,838 |
942,921,199 |
1,907,150,037 |
Percent change |
|
|
|
2013 to 2023 |
68.9% |
42.4% |
54.7% |
2022 to 2023 |
10.1% |
5.9% |
7.9% |
(1) Direct 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: Core Financial Pages, Insurance Information Institute. |
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