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Hoover's is Beta Testing our Industries section.
Life Insurance Industry Financials
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Life Insurance Industry Financial Summary
In the US, about 5,000 companies provide insurance coverage of various sorts, with combined annual revenue of $1 trillion. Large companies include American International Group, MetLife, Aetna, and Allstate. The industry is highly concentrated: the 50 largest companies hold more than 60 percent of the market. Within product segments, concentration is even higher.
Using the 2002 Census Bureau Economic Census, Hoover's has generated an industry financial summary for the Life Insurance industry.
| NAICS | NAICS Description | Establishments | Sales, Receipts, or Shipments ($1,000) | Annual Payroll ($1,000) | Paid Employees |
|---|---|---|---|---|---|
| 524113 | Direct life insurance carriers | 8,479 | $500,735,460 | $22,721,106 | 415,769 |
| All NAICS Sectors | 8,479 | $500,735,460 | $22,721,106 | 415,769 |
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