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Number of life insurance companies in the United States 1950-2016

Development in the total number of life insurance companies in the United States from 1950 to 2016

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.

1950 649
1960 1441
1970 1780
1980 1958
1990 2195
2000 1269
2001 1341
2002 1284
2003 1227
2004 1179
2005 1119
2006 1072
2007 1009
2008 976
2009 946
2010 917
2011 895
2012 868
2013 850
2014 830
2015 814
2016 797