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Life Insurance in Force

(in millions of dollars)

Year Individual Group Credit Total
1900 $7,573 $7,573
1915 20,929 $100 21,029
1930 96,539 9,801 $73 106,413
1945 129,225 22,172 365 151,762
1950 182,531 47,793 3,844 234,168
1955 256,494 101,345 14,493 372,332
1960 381,444 175,903 29,101 586,448
1965 539,456 308,078 53,020 900,554
1970 773,374 551,357 77,392 1,402,123
1975 1,122,844 904,695 112,032 2,139,571
1980 1,796,468 1,579,355 165,215 3,541,038
1985 3,275,539 2,561,595 215,973 6,053,107
1990 5,391,053 3,753,506 248,038 9,392,597
1995 6,890,386 4,604,856 201,083 11,696,325
1999 9,172,397 6,110,218 213,453 15,496,069
2000 9,376,370 6,376,127 200,770 15,953,267
2001 9,345,723 6,765,074 178,851 16,289,648
2002 9,311,729 6,876,075 158,534 16,346,338
2003 9,654,731 7,236,191 152,739 17,043,661
2004 9,717,377 7,630,503 160,371 17,508,252
2005 9,969,899 8,263,019 165,605 18,398,523
2006 10,056,501 8,905,646 150,289 19,112,436
2010 10,483,516 7,830,631 111,805 18,425,952
2011 10,993,501 8,119,879 105,685 19,219,065
NOTE: Data for 2003 onward include fraternal benefit societies.
Source: American Council of Life Insurers.

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