INSURANCE INDUSTRY'S FEDERAL AND FOREIGN INCOME TAXES INCURRED, 2005-2009

($ billions)

Year Property/casualty Life Total
2005 $10.75 $8.61 $19.36
2006 22.50 11.09 33.59
2007 19.86 11.85 31.71
2008 7.89 0.19 8.07
2009 8.65 11.28 19.94

Source: SNL Financial LC.