INSURANCE INDUSTRY'S FEDERAL AND FOREIGN INCOME TAXES INCURRED, 2006-2010

($ billions)

Year Property/casualty Life Total
2006 $22.50 $10.98 $33.48
2007 19.86 11.50 31.35
2008 7.89 -0.06 7.83
2009 8.64 10.71 19.36
2010 8.88 9.03 17.91

Source: SNL Financial LC.