LIFE INSURANCE INDUSTRY BENEFITS AND CLAIMS, 2009-2013 |
($000)
|
|
2009 |
2010 |
2011 |
2012 |
2013 |
Death benefits |
$57,595,091 |
$56,507,462 |
$60,611,373 |
$61,701,439 |
$62,577,038 |
Matured endowments, excluding annual pure endowments |
649,867 |
679,242 |
767,092 |
415,088 |
369,299 |
Annuity benefits |
64,061,288 |
66,781,512 |
70,873,226 |
70,296,382 |
74,882,585 |
Disability, accident and health benefits (1) |
106,246,906 |
106,119,469 |
105,151,994 |
107,765,827 |
111,016,901 |
Coupons, pure endowment and similar benefits |
17,027 |
16,264 |
16,075 |
17,179 |
17,234 |
Surrender benefits, withdrawals for life contracts |
228,688,291 |
216,846,768 |
237,281,879 |
245,728,482 |
248,768,774 |
Group conversions |
26,516 |
29,136 |
27,884 |
27,891 |
52,893 |
Interest and adjustments on deposit-type contracts |
10,404,385 |
9,541,403 |
9,829,729 |
7,321,437 |
8,197,554 |
Payments on supplementary contracts with life contingencies |
1,527,354 |
1,578,300 |
1,690,841 |
1,809,677 |
1,985,919 |
Increase in aggregate reserve |
88,782,277 |
86,623,252 |
131,335,226 |
76,437,745 |
78,012,695 |
Total benefits and claims |
$558,001,763 |
$544,723,271 |
$617,585,318 |
$571,521,145 |
$585,880,892 |
(1) Excludes benefits paid by health insurance companies and property/casualty insurance companies.
Source: SNL Financial LC. |
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