Insurance statistics
Insurance statistics 2026
Life cover was 15.4% of 2025 life-industry sales and deposits. We got that by dividing NAIC numbers: $233,351 million / $1,510,984 million.
By DocDiffAI Editorial Team · ·
Life cover / life-industry total = 15.4%.
$233,351 million / $1,510,984 million = 15.4%
The share you can quote
NAIC lists life-industry sales in pieces. Life cover was $233,351 million. The life-industry total was $1,510,984 million. That total folds in life, accident and health, annuities, other items, and deposits. $233,351 / $1,510,984 = 15.4%.
Those filings were in as of 3 March 2026. Later fixes can move the totals.
Life cover, 2021 to 2025
Life cover sales grew. The life-industry pile grew faster. So the life-cover share fell from 18.9% in 2021 to 15.4% in 2025.
| Period | Value | Year over year |
|---|---|---|
| 2021 | 18.9% | n/a |
| 2022 | 18.2% | -3.4% |
| 2023 | 17.5% | -4.2% |
| 2024 | 15.7% | -10.0% |
| 2025 | 15.4% | -1.8% |
Health spending
CMS put all US health spending at $5,278.6 billion in 2024. Private health insurance was $1,644.6 billion of that.
| Period | Value | Year over year |
|---|---|---|
| 2020 | $1,184.3 billion | n/a |
| 2021 | $1,263.1 billion | +6.7% |
| 2022 | $1,358.6 billion | +7.6% |
| 2023 | $1,511.2 billion | +11.2% |
| 2024 | $1,644.6 billion | +8.8% |
Health firms that file with NAIC reported $1.37 trillion of sales in 2025. That was 15.2% above 2024. Their combined ratio was 100.6%. Those filings were in as of 6 April 2026.
92.0% of people, or 310 million, had health cover for some or all of 2024, Census says (P60-288). The share with no cover all year was 8.0%. A different Census survey (ACS) put the 2024 uninsured share at 8.2%. Do not treat those as one number.
The federal flood program covered nearly 4.7 million policies as of 2025, FEMA says.
Home, auto, and other P&C
P&C net sales rose from $719.9 billion in 2021 to $976.8 billion in 2025. The 2025 gain was 4.1%, the smallest of these five years.
| Period | Value | Year over year |
|---|---|---|
| 2021 | $719.9 billion | n/a |
| 2022 | $781.7 billion | +8.6% |
| 2023 | $863.4 billion | +10.5% |
| 2024 | $938.7 billion | +8.7% |
| 2025 | $976.8 billion | +4.1% |
The P&C combined ratio was 92.9% in 2025. It was 96.9% in 2024. A reading under 100 means the book finished in the black on that score.
- P&C surplus was $1.27 trillion at the end of 2025, NAIC says.
- The US average personal auto price was $1,438 in 2023, NAIC says. That was 14.4% above 2022. The report came out on 13 February 2026.
- US home writers averaged $1,600 of price per policy in 2024, NAIC says. That report came out on 5 August 2026.
Jobs
Private insurance jobs averaged 2,594,974 in 2025, BLS says in its yearly jobs file (QCEW). That is up from 2,403,160 in 2020.
| Period | Value | Year over year |
|---|---|---|
| 2020 | 2,403,160 | n/a |
| 2021 | 2,433,088 | +1.2% |
| 2022 | 2,502,560 | +2.9% |
| 2023 | 2,556,275 | +2.1% |
| 2024 | 2,593,435 | +1.5% |
| 2025 | 2,594,974 | +0.1% |
A later monthly jobs file (CES) put July 2026 at 2,935,600. That survey is not the same as QCEW. The July count is still first-pass.
Common questions
What share of 2025 life-industry sales was life cover?
Life cover was 15.4%. NAIC put life cover at $233,351 million and the life-industry total at $1,510,984 million. $233,351 / $1,510,984 = 15.4%.
Why are there two uninsured rates?
Census P60-288 put the 2024 share with no cover all year at 8.0%. The ACS table put it at 8.2%. They are different surveys. Do not treat them as one number.
Where do the insurance statistics come from?
Life and P&C sales come from the NAIC year-end snapshot. Health spending comes from CMS. Jobs come from BLS. Each table names the file.
Previous years
The tables keep 2021 through 2025 on this same URL. We will add 2026 when NAIC posts the next year-end file.
Sources
- NAIC, P&C, Title, and Life Industry Snapshots, year ended 31 December 2025
- CMS, National Health Expenditure Data, Historical
- US Census Bureau, Health Insurance Coverage in the United States: 2024 (P60-288)
- US Census Bureau, ACS health insurance table HI05, 2024
- BLS, Quarterly Census of Employment and Wages
- BLS, Insurance (NAICS 524) at a glance
- FEMA, NFIP Media Toolkit, July 2025
Each line names the source. These are not DocDiffAI customer counts. Census rows from this section are in the public statistics file. See also construction statistics and legal industry statistics.
If a policy file changed
DocDiffAI lists wording changes and names the source page. Start without an account.
Compare your documentsTo pull pay, term, and notice lines from one file, use money terms.