Life Insurance Industry Benefits And Claims, 2013-2017

($000)

  2013 2014 2015 2016 2017
Death benefits $62,536,974 $65,961,305 $72,320,822 $73,996,171 $74,942,640
Matured endowments, excluding annual pure endowments 368,210 350,488 397,554 420,287 437,591
Annuity benefits 74,882,585 69,583,732 73,535,187 74,769,738 77,043,317
Disability, accident and health benefits (1) 110,789,199 113,572,825 115,468,861 120,056,048 126,787,233
Coupons, pure endowment and similar benefits 17,222 18,992 18,237 19,509 19,406
Surrender benefits, withdrawals for life contracts 248,702,088 281,532,892 272,998,652 265,095,216 308,928,847
Group conversions 52,893 28,088 48,382 30,872 25,719
Interest and adjustments on deposit type contracts 8,195,238 7,749,827 8,009,313 9,407,551 8,348,035
Payments on supplementary contracts with life contingencies 1,985,919 2,237,030 2,120,777 2,062,662 2,106,523
Increase in aggregate reserve 78,028,839 100,984,602 72,537,331 123,731,601 98,004,386
Total benefits and claims $585,558,162 $642,018,430 $617,451,481 $669,589,655 $696,643,698
(1) Excludes benefits paid by health insurance companies and property/casualty insurance companies. Source: NAIC data, sourced from S&P Global Market Intelligence, Insurance Information Institute.