IMPACT FACTS: Life Insurance Assets

Dec 16, 2024
Helicopter point of view of Los Angeles highway interchanges at golden hour.

According to the ACLI 2024 Life Insurers Fact Book, life insurance industry assets rose 5.7% in 2023 to $8.7 trillion.

  • Life insurers are one of the largest sources of investment capital in the nation. Life insurance industry assets are invested from coast-to-coast, generating jobs and supporting schools, businesses, hospitals and infrastructure in all 50 states and Washington D.C.
  • These investments generate stable, dependable returns for life insurers, allowing them to keep their promises to provide American families with guaranteed life insurance benefits, retirement income, paid family leave, disability income and more.

Khari Cook

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.