The data describes the total number of life insurance companies in the U.S. from 1950 to 2016. In 2016, there were 797 U.S. life insurers.
U.S. life insurance companies – additional information
Life insurance refers to the contract between an insurance policy holder and an insurer who agrees to pay a designated recipient a sum of money when the insurance policy holder dies or in some circumstances, depending on the contract, if they suffer from a terminal or a critical illness.
The number of life insurance companies operating in the United States has been in decline since 2001.
