U.S. Life and A&H Insurance Industry Analysis Report

This technical report presents the financial results for the U.S. life and accident & health (A&H) insurance industry for the first half of 2025. The report outlines key metrics including a 29% increase in net income to $22 billion compared to the same period in 2024, and a 6% rise in net written premiums and deposits, amounting to $627 billion. It details the growth in direct premiums, which also increased by 6% to $741 billion. The report describes trends in various segments, such as life insurance, annuities, and A&H, providing specific figures and percentage changes for each category. Additionally, it includes information on investment income, noting a 9% increase to $132 billion, and highlights the impact of federal interest rate changes on investment yields. The report concludes with an overview of cash and invested assets, which have risen to $5 trillion, reflecting the industry's financial strength and growth trajectory.