Direct Premiums Written By Line, Life/Annuity Insurance Industry, 2015-2017

($000)

  2015 2016 2017
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 $206,964,955 30.4% $197,026,489 28.8% $181,849,769 26.3%
     Group annuities 127,014,242 18.6 129,332,100 18.9 134,348,059 19.4
Total $333,979,197 49.0% $326,358,589 47.8% $316,197,828 45.7%
Life            
     Ordinary life 136,272,087 20.0 139,782,420 20.5 143,537,902 20.8
     Group life 37,822,798 5.6 36,427,380 5.3 39,856,057 5.8
     Credit life (group and individual) 917,663 0.1 828,632 0.1 808,621 0.1
     Industrial life 131,020 (2) 129,303 (2) 123,394 (2)
Total $175,143,569 25.7% $177,167,735 25.9% $184,325,974 26.7%
Accident and health (3)            
     Group 108,825,930 16.0 115,363,684 16.9 126,290,331 18.3
     Other 62,218,089 9.1 63,637,078 9.3 63,725,795 9.2
     Credit 907,768 0.1 822,146 0.1 830,946 0.1
Total $171,951,787 25.2% $179,822,908 26.3% $190,847,071 27.6%
All other lines 3,383 (2) 3,315 (2) 3,839 (2)
Total, all lines (4) $681,077,936 100.0% $683,352,546 100.0% $691,374,713 100.0%
(1) Before reinsurance transactions. (2) Less than 0.1 percent. (3) Excludes accident and health premiums reported on the property/casualty and health annual statements. (4) Excludes deposit-type funds. Source: NAIC data, sourced from S&P Global Market Intelligence, Insurance Information Institute.