According to the ACLI 2023 Life Insurers Fact Book, life insurance industry assets have more than doubled in the past 20 years from $3.4 trillion to $8.3 trillion.
Their investments provide safe, solid returns for insurers, allowing them to keep their promises and provide working families with guaranteed life insurance benefits, retirement income, long-term care benefits, disability income and more.
Khari Cook is Senior Analyst, Research at the American Council of Life Insurers (ACLI). He is primarily responsible for data analysis of life insurers’ quarterly and annual statutory filings, along with company product line and investment survey data.