LIFE/HEALTH INSURANCE INDUSTRY PREMIUM BY LINE, 2004-2008

($ millions)

  2004 2007   2008
Lines of insurance Direct premiums
written (1)
Percent
of total
Direct premiums
written (1)
Percent
of total
Direct premiums
written (1)
Percent
of total
Annuities               
     Ordinary individual annuities $183,022.8 32.2% $205,663.2 30.8% $220,711.0 32.2%
     Group annuities 105,093.1 18.5 121,971.4 18.3 126,661.8 18.5
Total $288,115.8 50.7% $327,634.6 49.1% $347,372.8 50.8%
Life               
     Ordinary life 119,120.6 21.0 142,867.4 21.4 137,257.3 20.1
     Group life 28,833.9 5.1 39,491.1 5.9 30,957.0 4.5
     Credit life (group and individual) 1,520.7 0.3 1,625.8 0.2 1,536.7 0.2
     Industrial life 255.5 (2) 231.1 (2) 233.0 (2)
Total $149,730.6 26.3% $184,215.4 27.6% $169,983.9 24.8%
Accident and health (3)            
     Group 86,718.0 15.3 88,245.9 13.2 92,544.4 13.5
     Other 41,731.9 7.3 65,223.5 9.8 73,338.3 10.7
     Credit 1,535.5 0.3 1,399.7 0.2 1,215.2 0.2
Total $129,985.5 22.9% $154,869.1 23.2% $167,098.0 24.4%
All other lines 575.0 (2) 0.4 (2) 0.8 (2)
Total, all lines $568,407.0 100.0% $666,719.5 100.0% $684,455.4 100.0%

(1) Before reinsurance transactions.      
(2) Less than 0.1 percent.      
(3) Does not include accident and health premiums reported on the property/casualty and health annual statements.       

Source: National Association of Insurance Commissioners (NAIC) Annual Statement Database, via Highline Data, LLC. Copyrighted information. No portion of this work may be copied or redistributed without the express written permission of Highline Data, LLC.