| Life Insurance Industry Benefits And Claims, 2011-2015 |
($000)
|
| |
2011 |
2012 |
2013 |
2014 |
2015 |
| Death benefits |
$60,609,925 |
$61,699,965 |
$62,537,003 |
$65,961,376 |
$72,321,581 |
| Matured endowments, excluding
annual pure endowments |
767,092 |
415,088 |
368,210 |
350,488 |
397,554 |
| Annuity benefits |
70,873,226 |
70,296,382 |
74,882,585 |
69,583,732 |
73,535,200 |
| Disability, accident and health benefits (1) |
104,964,677 |
107,507,088 |
110,806,435 |
113,589,753 |
115,472,213 |
| Coupons, pure endowment
and similar benefits |
16,075 |
17,179 |
17,222 |
18,992 |
18,237 |
| Surrender benefits, withdrawals
for life contracts |
237,281,666 |
245,728,327 |
248,702,088 |
281,532,892 |
272,998,652 |
| Group conversions |
27,884 |
27,891 |
52,893 |
28,088 |
48,382 |
| Interest and adjustments on
deposit type contracts |
9,829,729 |
7,321,437 |
8,195,240 |
7,749,827 |
8,009,313 |
| Payments on supplementary
contracts with life contingencies |
1,690,841 |
1,809,677 |
1,985,919 |
2,237,030 |
2,120,777 |
| Increase in aggregate reserve |
131,334,694 |
76,439,405 |
78,027,832 |
100,983,247 |
72,537,076 |
| Total benefits and claims |
$617,395,809 |
$571,262,436 |
$585,575,427 |
$642,035,425 |
$617,455,351 |
(1) Excludes benefits paid by health insurance companies and property/casualty insurance companies.
Source: NAIC data, sourced from S&P Global Market Intelligence, Insurance Information Institute. |
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