| Life/Annuity Insurance Benefits And Claims, 2017-2021 |
($000)
|
| |
2017 |
2018 |
2019 |
2020 |
2021 |
| Death benefits |
$74,942,626 |
$77,076,010 |
$76,038,700 |
$87,670,442 |
$97,191,646 |
| Matured endowments, excluding annual
pure endowments |
437,591 |
381,587 |
423,780 |
467,154 |
497,918 |
| Annuity benefits |
77,043,317 |
78,392,309 |
82,348,469 |
86,023,032 |
92,164,218 |
| Disability, accident and health benefits (1) |
126,785,757 |
131,440,728 |
140,558,797 |
137,575,199 |
146,251,082 |
| Coupons, pure endowment and similar benefits |
19,406 |
11,216 |
4,327 |
4,297 |
5,828 |
| Surrender benefits, withdrawals for life contracts |
308,928,842 |
350,278,913 |
339,640,132 |
323,350,563 |
362,681,903 |
| Group conversions |
25,719 |
26,702 |
25,499 |
13,980 |
17,343 |
| Interest and adjustments on deposit type contracts |
8,348,035 |
9,539,457 |
10,044,578 |
9,815,812 |
8,832,771 |
| Payments on supplementary contracts with
life contingencies |
2,106,523 |
2,152,431 |
2,413,542 |
2,414,306 |
2,288,589 |
| Increase in aggregate reserve |
98,004,358 |
133,760,428 |
110,529,379 |
100,020,755 |
80,922,192 |
| Total benefits and claims |
$696,642,288 |
$783,059,441 |
$762,027,202 |
$747,355,538 |
$790,853,489 |
(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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