Industry sets records for payouts, coverage and investments in 2017, according to new ACLI Fact Book

[Brian Anderson]

Brian Anderson submitted a new article

Industry sets records for payouts, coverage and investments in 2017, according to new ACLI Fact Book

Latest volume, released Monday, finds life insurance companies paid $77 billion to beneficiaries and $82 billion to owners of annuities in 2017, while maintaining status as the largest institutional investor in the U.S.

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[Life Underwriter]

I got this information recently when it came out. It's very interesting to see the numbers.

See, insurers do pay out