United States yearbook - 1982 (1)

522 Banking, Finance, and Insurance
No. 8 66, U.S. Life In s u r a n c e Co m p a n ie s— F in a n c ia l It e m s : 1960 t o 1981
[In b illio n s o f d o lla r s , e x c e p t p e r c e n t A s o f D e c e m b e r 3 1 . S e e a ls o H isto rical Statistics, C olonial Times to 1970, s e rie s X 9 0 8 -
9 1 7 ]
ITEM 1 9 6 0 1 9 6 5 1 9 7 0 1 9 7 3 1 9 7 4 1 9 7 5 1 9 7 6 1 9 7 7 1 9 7 8 1 9 7 9 1 9 8 0 1 9 8 1
A s s e t s .................................................................................. 1 1 9 .6 1 5 6 .9 2 0 7 .3 2 5 2 .4 2 6 3 .3 2 8 9 .3 3 2 1 .6 3 5 1 .6 3 9 0 .0 4 3 2 .3 4 7 9 .2 5 2 5 .8
G o v e rn m e n t s e c u ritie s ........................................... 1 1 .8 1 1 .9 11.1 1 1 .4 1 2 .0 1 5 .2 2 0 .3 2 3 .6 2 6 .6 2 9 .7 3 3 .0 3 9 .5
C o rp o ra te s e c u ritie s ............................................... 5 1 .7 6 7 .4 8 8 .5 1 1 7 .7 1 1 8 .6 1 3 3 .9 1 5 4 .9 1 7 1 .7 1 9 1 .6 2 0 6 .6 2 2 7 .0 2 4 1 .5
P e rc e n t o f to ta l a s s e t s ............................... 4 3 .2 4 2 .4 4 2 .7 4 6 .6 4 5 .0 4 6 .3 4 8 .2 4 8 .8 4 9 .1 4 6 .3 4 7 .4 4 5 .9
B o n d s ........................................................................... 4 6 .7 5 8 .2 7 3 .1 9 1 .8 9 6 .7 1 0 5 .8 1 2 0 .7 1 3 7 .9 1 5 6 .0 1 6 9 .0 1 7 9 .6 1 9 3 .8
S lo c k s 5 .0 9.1 1 5 .4 2 5 .9 2 1 .9 2 8 .1 3 4 .3 3 3 .8 3 5 .5 3 9 .8 4 7 .4 4 7 ,7
M o rtg a g e s 4 1 .8 6 0 .0 7 4 .4 8 1 .4 8 6 .2 8 9 .2 9 1 .6 9 8 .8 1 0 6 .2 1 1 0 .4 1 3 1 .1 1 3 7 .7
R e a l e s ta te 3 .8 4 .7 6 .3 7 .7 8 .3 9 .6 1 0 .5 1 1 .1 1 1 .8 1 3 .0 1 5 .0 1 8 .3
P o lic y lo a n s 5 .2 7 .7 16.1 2 0 .2 2 2 .8 2 4 .5 2 5 .8 2 7 .8 3 0 .1 3 4 .8 4 1 .4 4 8 .7
O t h e r ................................................................................ 5 .3 7 .2 10.9 14.1 1 6 .4 1 6 ,9 1 8 .5 2 1 .1 2 3 .7 2 7 .6 3 1 .7 4 0 .1
In te re s t e a rn e d o n a s s e ts 1 ( p e r c e n t)............. 4 .1 1 4.61 5 .3 0 5 .8 8 6 .2 5 6 .3 6 6 .5 5 6 .8 9 7 .3 1 7 .7 3 B .0 2 8 .5 7
L ia b ilitie s * .......................................................................... 1 0 9 .9 1 4 5 .0 1 8 9 .9 2 3 2 .5 2 4 4 .7 2 6 8 .7 2 9 9 .5 3 2 8 .1 3 6 3 .7 4 0 2 .3 4 4 4 .8 4 8 8 .4
P o lic y re s e rv e s 8............................................................. 9 8 .5 1 2 7 .6 1 6 7 .6 2 0 4 .5 2 1 6 .5 2 3 7 .1 2 6 2 .8 2 8 7 .9 3 1 8 .5 3 5 1 .6 3 9 0 .4 4 2 8 .0
C a p ita l a n d s u rp lu s 2................................................... 9 .7 1 3 .8 1 7 .3 1 9 .9 1 8 .6 2 0 .6 2 2 .0 2 3 .6 2 6 .2 3 0 .0 3 4 .4 3 7 .4
l N e t rate. i n c l u d e s b u s in e s s o f a c c id e n t a n d h e a lth d e p a rtm e n ts o f U .S . life in s u ra n c e c o m p a n ie s .
S o u rc e : A m e ric a n C o u n c il o f L ife In s u ra n c e , W ash in g to n , D .C ., Life Insurance Fact Book, a n n u a l.
No.. 867. U.S, L ife In s u r a n c e Co m p a n ie s — N e w In v e s t m e n t s : I9 6 0 t o 1981
[In b illio n s o f d o lla r s , e x c e p t p e r c e n t. M in u s sig n ( - ) d e n o te s d e c re a s e ]
I T E M 1 9 6 0 1 9 6 5 1 9 7 0 1 9 7 3 1 9 7 4 1 9 7 5 1 9 7 6 1 9 7 7 1 9 7 8 1 9 7 9 1 9 8 0 1 9 6 1
T o t a l ............................................................................ 2 0 . 4 39.5 62.3 120.8 117.1 132.4 174.9 2 1 1 .0 2 3 5 .0 2 7 0 .4 3 2 7 .8 4 3 5 .7
A v e ra g e a n n u a l p e rc e n t c h a n g e 1............. 1.7 14.2 9.6 22.5 — 3.1 13.1 32.0 2 0 . 6 11 . 4 15.1 2 1 . 3 3 2 . 9
G o v e rn m e n t s e c u r itie s ............................................... 5.0 4.3 4.6 8.3 7.6 13.6 30.3 3 4 . 9 3 5 . 8 4 1 . 6 5 1 . 8 72 . 9
S h o r t-te r m ...................................................................... (NA) (NA) 3.8 6.9 6.2 9.9 23.1 ? 7 . 4 29 . 4 3 4 . 7 4 4 . 8 62 . 3
C o rp o ra te s e c u ritie s ..................................................... 7 . 5 21.9 45.5 95.3 91 . 5 102.5 128.1 1 5 4 . 7 1 7 2 . 9 1 9 6 . 6 2 4 1 . 4 3 3 2 . 2
B o n d s .................................... 6.9 20.4 41.4 87.1 8 6 . 7 96 . 5 12 0 . 4 147.1 1 6 4 . 9 1 8 6 . 2 2 2 7 . 3 3 1 2 . 7
S h o r t-te r m .................... (NA) (NA) 34.6 74.3 7 5 . 4 75 . 0 96.4 1 1 6 . 9 1 3 6 . 9 1 6 3 . 0 205.1 2 8 9 . 7
S to c k s .................................. .7 1.5 4.1 8.2 4.8 6.0 7.7 7.6 8.0 10 . 4 14.1 19.5
M o rtg a g e s ............... 6.1 11.1 7.2 11.5 11.3 0.6 9.8 14.2 17 . 8 2 0 . 7 19 . 8 13.5
R e a l e s t a t e ............ .3 .4 .9 1.2 1.3 2.1 1.8 2.1 2.2 2.8 3.3 4.5
P o lic y lo a n s ............ 1.4 1.7 4.1 4.6 5.3 4.6 4.8 5.1 6.3 8.7 11 . 5 12.0
N A N o t a v a ila b le . ‘ F o r I 9 6 0 , c h a n g e fro m 1 9 5 9 ; th e re a fte r fo r in te rv a l fro m p rio r y e a r s h o w n . F o r e x p la n a tio n o f a v e ra g e
a n n u a l p e rc e n t c h a n g e , s e e G u id e to T a b u la r P re s e n ta tio n .
S o u rc e : A m e ric a n C o u n c il o f L ife In s u ra n c e , W a s h in g to n , D .C ., Life Insurance Fact Book, a n n u a l.
No. 868. H e a l t h In s u r a n c e C o v e r a g e, b y T y p e o f C o v e r a g e : 1960 t o 1980
[ In m illio n s o f p e r s o n a . B e g in n in g 1 9 7 5 , d a t a in clu d e P u e rto R ic o a n d o th e r U .S . te rrito rie s a n d p o s s e s s io n s . D u p lic a tio n
e lim in a te d e x c e p t a s n o te d . ‘ 'H o s p ita l," " S u rg ic a l." " R e g u la r m e d ic a l," a n d " M a jo r m e d ic a l" re p r e s e n t c o v e r a g e b y in s u ra n c e
c o m p a n ie s , B lu e C ro s s -B lu e S h ie ld a n d m e d ic a l s o c ie ty a p p ro v e d p la n s , a n d o th e r p la n s . ’ ‘D e n ta l" r e p re s e n ts in s u ra n c e
c o m p a n y c o v e ra g e o n ly . " D is a b ility in c o m e " re p re s e n ts c o v e ra g e b y in s u ra n c e c o m p a n ie s , p a id s ic k le a v e p la n s , a n d e m p lo y e e
o rg a n iz a tio n s . S e e a ls o ta b le 1 6 0 ]
Y E A R A N D A G E G R O U P H o spital S u rg ical
R e g u la r
m e a io a l
M a jo r
m edical
DISABILITY I N C O M E <
S h o r t te rm
L o n g te rm
D e n ia l
I 9 6 0 ..... ......... 122.6 11 1 . 5 83.2 32.6 4 2 . 4 0 (NA)
1 9 6 6 ..... ......... 138.7 13 0 . 5 109.6 69.7 4 6 . 9 4.5 (NA)
1 9 7 0 , to ta l................................................................................................ 158.8 15 1 . 4 138.7 103.5 58.1 11.0 12.0
U n d e r 6 5 .......................................... 148.7 142.8 130.4 (NA) 58.1 11.0 (NA)
6 5 a n d o v e r....................................... ................................................ 10.1 8.8 8.3 (NA) - (NA)
-
1 9 7 5 , to ta l............................................................................... ................ 178.0 16 8 . 9 161.9 134.1 6 3 . 0 18.4 30 . 2
U n d e r 6 5 .......................................... 185.4 16 8 . 5 152.2 (NA) (NA) 18.4 (NA)
8 5 a n d o v e r ....................................................................................... 12.6 10.4 9.7 (NA) (NA) - (NA)
1 9 7 8 , t o t a l............................................................................................... 181.5 17 2 . 5 164.1 141.6 68 . 3 19.1 58.1
U n d e r 6 5 .......................................... 166.8 16 2 . 2 154.6 (NA) (NA)
(NA)
-
6 5 a n d o v e r...................................................................................... 14.7 10.3 9.5 (NA) 19.1 (NA)
1 9 7 9 , to ta l............................................................................................... 183.2 17 3 . 8 163.9 147.8 6 5 . 8 19.9 70 . 2
U n d e r 6 5 .......................................... 169.1 16 3 . 4 154.3 (NA) (NA) 19.9 (NA)
6 5 a n d o v e r....................................................................................... 14.1 10.4 9.6 M (NA)
(NA)
-
I 9 6 0 , t o ta l............................................................................................... 186.1 175.4 166.8 154.2 6 5 . 4 21.1 80 . 5
171 fl 164.7 156.8 21,1 (NA)
6 5 a n d o v e r...................................................................................... 14.6 10.7 10.2 (NA) (NA) (NA)
- R e p re s e n ts z e ro . N A N o t a v a ila b le . ‘ A n y d u p licatio n resu ltin g from c o m b in a tio n s fo r s h o rt-te rm a n d lo n g -te rm
p ro te c tio n h a s n o t b e e n e lim in a te d . ’ In c lu d e d in "s h o rt-te rm " w ith s o m e p o s s ib le d u p lic a tio n .
S o u rc e : H e a lth In s u ra n c e A sso c ia tio n o f A m e ric a , W a s h in g to n , D .C ., Sourcebook o f H ealth Insurance Data, 1 9 6 1 - 8 2 .