Life/Annuity Insurance Benefits And Claims, 2014-2018 |
($000)
|
|
2014 |
2015 |
2016 |
2017 |
2018 |
Death benefits |
$65,960,933 |
$72,320,822 |
$73,996,171 |
$74,942,640 |
$77,430,727 |
Matured endowments, excluding annual
pure endowments |
350,488 |
397,554 |
420,287 |
437,591 |
381,587 |
Annuity benefits |
69,583,732 |
73,535,187 |
74,769,738 |
77,043,317 |
78,392,309 |
Disability, accident and health benefits (1) |
113,572,825 |
115,468,861 |
120,056,048 |
126,787,598 |
132,337,071 |
Coupons, pure endowment and
similar benefits |
18,992 |
18,237 |
19,509 |
19,406 |
11,216 |
Surrender benefits, withdrawals
for life contracts |
281,532,892 |
272,998,652 |
265,095,216 |
308,928,847 |
350,278,917 |
Group conversions |
28,088 |
48,382 |
30,872 |
25,719 |
26,702 |
Interest and adjustments on deposit
type contracts |
7,749,827 |
8,009,313 |
9,407,551 |
8,348,035 |
9,539,457 |
Payments on supplementary contracts
with life contingencies |
2,237,030 |
2,120,777 |
2,062,662 |
2,106,523 |
2,152,431 |
Increase in aggregate reserve |
100,984,602 |
72,537,331 |
123,731,601 |
98,004,458 |
133,817,431 |
Total benefits and claims |
$642,018,058 |
$617,451,481 |
$669,589,655 |
$696,644,134 |
$784,367,507 |
(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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