| Life/Annuity Insurance Benefits And Claims, 2016-2020 |
($000)
|
| |
2016 |
2017 |
2018 |
2019 |
2020 |
| Death benefits |
$73,996,171 |
$74,942,626 |
$77,076,010 |
$76,038,700 |
$87,670,442 |
| Matured endowments, excluding annual pure endowments |
420,287 |
437,591 |
381,587 |
423,780 |
467,154 |
| Annuity benefits |
74,769,738 |
77,043,317 |
78,392,309 |
82,348,469 |
86,023,032 |
| Disability, accident and health benefits (1) |
120,056,048 |
126,785,757 |
131,440,728 |
140,558,797 |
137,585,722 |
| Coupons, pure endowment and similar benefits |
19,509 |
19,406 |
11,216 |
4,327 |
4,297 |
| Surrender benefits, withdrawals for life contracts |
265,095,216 |
308,928,842 |
350,278,913 |
339,640,132 |
323,350,563 |
| Group conversions |
30,872 |
25,719 |
26,702 |
25,499 |
13,980 |
| Interest and adjustments on deposit type contracts |
9,407,551 |
8,348,035 |
9,539,457 |
10,044,578 |
9,815,812 |
| Payments on supplementary contracts with life contingencies |
2,062,662 |
2,106,523 |
2,152,431 |
2,413,542 |
2,414,306 |
| Increase in aggregate reserve |
123,731,601 |
98,004,358 |
133,760,428 |
110,529,379 |
100,020,756 |
| Total benefits and claims |
$669,589,655 |
$696,642,288 |
$783,059,441 |
$762,027,202 |
$747,366,061 |
(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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