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INSURANCE INDUSTRY'S FEDERAL AND FOREIGN INCOME TAXES INCURRED, 2007-2011
($ billions)
Year
Property/casualty
Life
Total
2007
$19.9
$11.5
$31.3
2008
7.9
-0.1
7.8
2009
8.7
10.7
19.3
2010
8.8
9.0
17.8
2011
3.0
5.1
8.1
Source: SNL Financial LC.