| LIFE INSURANCE INDUSTRY BENEFITS AND CLAIMS, 2010-2014 |
($000)
|
| |
2010 |
2011 |
2012 |
2013 |
2014 |
| Death benefits |
$56,507,462 |
$60,611,234 |
$61,701,263 |
$62,538,083 |
$65,961,289 |
| Matured endowments, excluding
annual pure endowments |
679,242 |
767,092 |
415,088 |
368,210 |
350,488 |
| Annuity benefits |
66,781,512 |
70,873,226 |
70,296,382 |
74,882,585 |
69,583,732 |
| Disability, accident and
health benefits (1) |
106,029,818 |
104,982,729 |
107,525,331 |
110,931,697 |
113,589,753 |
| Coupons, pure endowment
and similar benefits |
16,264 |
16,075 |
17,179 |
17,222 |
18,992 |
| Surrender benefits, withdrawals
for life contracts |
216,846,768 |
237,281,879 |
245,728,482 |
248,702,238 |
281,532,892 |
| Group conversions |
29,136 |
27,884 |
27,891 |
52,893 |
28,088 |
| Interest and adjustments on
deposit type contracts |
9,541,403 |
9,829,729 |
7,321,437 |
8,195,240 |
7,749,827 |
| Payments on supplementary
contracts with life contingencies |
1,578,300 |
1,690,841 |
1,809,677 |
1,985,919 |
2,237,030 |
| Increase in aggregate reserve |
86,623,332 |
131,335,283 |
76,438,193 |
78,024,348 |
100,982,446 |
| Total benefits and claims |
$544,633,701 |
$617,415,972 |
$571,280,922 |
$585,698,435 |
$642,034,537 |
(1) Excludes benefits paid by health insurance companies and property/casualty insurance companies.
Source: SNL Financial LC. |
|