INSURANCE INDUSTRY'S FEDERAL AND FOREIGN INCOME TAXES INCURRED, 2007-2011

($ billions)

Year Property/casualty Life Total
2007 $19.9 $11.5 $31.3
2008 7.9 -0.1 7.8
2009 8.7 10.7 19.3
2010 8.8 9.0 17.8
2011 3.0 5.1 8.1

Source: SNL Financial LC.