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Insurance Industry’s Federal And Foreign Income Taxes Incurred, 2014-2018

($000)
Year Property/casualty Life Total
2014 $10,318,207 $10,106,056 $20,424,264
2015 10,188,539 10,566,280 20,754,818
2016 7,314,767 16,282,427 23,597,195
2017 -784,873 12,360,768 11,575,895
2018 7,244,680 3,633,099 10,877,779

Source: NAIC data, sourced from S&P Global Market Intelligence, Insurance Information Institute.

Insurance Industry’s Federal And Foreign Income Taxes Incurred, 2012-2016

($000)
Year Property/casualty Life Total
2012 $6,257,395 $9,866,018 $16,123,413
2013 12,038,618 8,554,055 20,592,673
2014 10,318,140 10,106,154 20,424,293
2015 10,188,465 10,566,567 20,755,031
2016 7,315,023 16,279,121 23,594,144

Source: NAIC data, sourced from S&P Global Market Intelligence, Insurance Information Institute.

Insurance Industry’s Federal And Foreign Income Taxes Incurred, 2011-2015

($ 000)
Year Property/casualty Life Total
2011 $3,030,002 $4,676,858 $7,706,860
2012 6,257,395 9,865,190 16,122,585
2013 12,038,618 8,553,612 20,592,230
2014 10,318,140 10,106,154 20,424,293
2015 10,188,305 10,566,567 20,754,872

Source: NAIC data, sourced from S&P Global Market Intelligence, Insurance Information Institute.

INSURANCE INDUSTRY’S FEDERAL AND FOREIGN INCOME TAXES INCURRED, 2010-2014

($ 000)
Year Property/casualty Life Total
2010 $8,837,089 $8,551,969 $17,389,058
2011 3,030,002 4,676,858 7,706,860
2012 6,257,395 9,865,190 16,122,585
2013 12,038,618 8,553,612 20,592,230
2014 10,318,140 10,106,677 20,424,817

Source: SNL Financial LC.

Insurance Industry’s Federal And Foreign Income Taxes Incurred, 2015-2019

($000)
Year Property/casualty Life Total
2015 $10,188,539 $10,566,280 $20,754,818
2016 7,314,767 16,282,427 23,597,195
2017 -784,873 12,360,768 11,575,895
2018 7,245,077 3,397,276 10,642,353
2019 8,514,508 9,435,327 17,949,835

Source: NAIC data, sourced from S&P Global Market Intelligence, Insurance Information Institute.