INSURANCE INDUSTRY'S FEDERAL AND FOREIGN INCOME TAXES INCURRED, 2008-2012

($ billions)

Year Property/casualty Life Total (1)
2008 $7.7 -$0.1 $7.7
2009 8.5 10.7 19.1
2010 9.0 9.0 17.9
2011 3.0 5.1 8.1
2012 6.3 10.2 16.4
Source: SNL Financial LC.