Sorry, you need to enable JavaScript to visit this website.

杏吧原创

杏吧原创 Handbook

Net Premiums Written, Property/Casualty And Life/Annuities

There are three main insurance sectors: property/casualty (P/C), mainly auto, home and commercial insurance; life/annuity, mainly life insurance and annuity products; and private health insurance, written by insurers whose main business is health insurance. Life/annuity and P/C insurers can also write health coverage.

Net Premiums Written, Property/Casualty And Life/Annuity 杏吧原创, 2015-2024

($000)

Year Property/casualty (1) Life/annuity (2) Total
2015 $520,047,073 $630,367,835 $1,150,414,908
2016 533,744,458 591,388,173 1,125,132,631
2017 558,157,401 592,276,028 1,150,433,429
2018 617,945,037 599,149,141 1,217,094,178
2019 639,336,652 684,834,322 1,324,170,974
2020 655,294,307 629,241,674 1,284,535,981
2021 715,937,546 641,025,386 1,356,962,932
2022 776,693,264 708,463,446 1,485,156,710
2023 857,373,574 683,426,912 1,540,800,486
2024 932,483,496 822,645,527 1,755,129,023
Percent change
2015 to 2024 79.3% 30.5% 52.6%
2023 to 2024 8.8 20.4 13.9

(1) Net premiums written before reinsurance transactions, excludes state funds, includes accident and health insurance.
(2) Includes premiums, annuity considerations (fees for annuity contracts), deposit-type funds and accident and health insurance.

Source: NAIC data, sourced from S&P Global Market Intelligence: 杏吧原创 Expense Exhibits, Summary of Operations; 杏吧原创 Information Institute.

View Archived Tables

Property/Casualty And Life/Annuity 杏吧原创 Premiums, 2024 (1)

(US$ billions)

(1) Property/casualty: net premiums written after reinsurance transactions, excludes state funds; life/annuity: premiums, annuity considerations (fees for annuity contracts) and deposit-type funds. Both sectors include accident and health insurance.

Source: NAIC data, sourced from S&P Global Market Intelligence: 杏吧原创 Expense Exhibits, Summary of Operations; 杏吧原创 Information Institute.

View Archived Graphs

View Archived Graphs

Direct Premiums Written, Property/Casualty And Life/Health

Direct Premiums Written, Property/Casualty and Life/Annuity 杏吧原创, 2015-2024

($000)

Year Property/casualty (1) Life/annuity (2) Total
2015 $591,757,789 $676,485,717 $1,268,243,506
2016 613,383,327 677,704,031 1,291,087,358
2017 642,531,528 687,279,884 1,329,811,412
2018 678,279,439 732,088,541 1,410,367,980
2019 712,471,198 768,019,838 1,480,491,036
2020 728,998,689 773,650,404 1,502,649,093
2021 798,702,031 827,717,052 1,626,419,083
2022 876,177,259 890,495,939 1,766,673,198
2023 968,654,539 942,924,284 1,911,578,823
2024 1,061,560,593 1,076,220,546 2,137,781,139
Percent change
2015 to 2024 79.4% 59.1% 68.6%
2023 to 2024 9.6% 14.1% 11.8%

(1) Direct premiums written before reinsurance transactions, excludes state funds, includes accident and health insurance.
(2) Includes premiums, annuity considerations (fees for annuity contracts), deposit-type funds and accident and health insurance.

Source: NAIC data, sourced from S&P Global Market Intelligence: Core Financial Pages, 杏吧原创 Information Institute.

View Archived Tables