LIFE/HEALTH INSURANCE INDUSTRY INCOME ANALYSIS, 2005-FIRST QUARTER 2010

($ millions, end of period)

  2005 2006 2007 2008 2009 First quarter,
2010
Income statement            
Premiums, consideration and deposits $526,289.9 $578,970.4 $617,692.0 $632,201.3 $512,901.4 $135,628.3
Net investment income 155,173.0 161,862.0 167,744.7 161,737.5 156,449.9 39,926.5
Separate accounts revenue 16,373.5 20,169.0 22,897.6 21,177.3 20,375.3 5,597.3
Total revenue $731,239.3 $791,929.7 $821,582.6 $851,658.9 $779,032.6 $183,473.6
               
Benefits 191,439.6 216,113.5 233,126.9 245,492.7 246,015.8 62,125.90
Surrenders 226,013.2 272,108.8 305,165.6 291,708.9 228,671.2 52,567.27
Increase in reserves and deposits 103,615.1 69,776.8 35,284.6 144,163.6 99,045.4 16,037.48
Commissions 48,104.8 49,847.9 51,057.7 51,993.5 49,031.7 11,702.23
General and administrative expense 46,877.9 49,490.4 52,558.5 54,093.9 54,364.5 13,272.75
Net transfers to separate accounts 42,753.8 60,911.4 66,100.6 22,654.6 11,098.0 4,891.41
Policyholder dividends 15,939.5 16,450.2 17,497.0 17,736.4 15,005.0 3,778.44
Income tax 8,612.2 11,090.7 11,848.7 187.2 11,280.4 2,742.56
Net realized capital gains (losses) 3,151.4 6,532.0 -1,498.8 -50,471.2 -28,746.1 -6,232.3
Net income 36,474.9 37,689.9 31,832.3 -51,834.6 21,108.5 6,099.4
               
Pre-tax operating income 41,935.5 42,365.7 45,179.9 -1,174.8 61,135.0 14,973.9

Source: SNL Financial LC.