Industry Statistics Sampler
NAICS 524113
Direct life insurance carriers

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Definition	Data from the Economic Census					Annual data
	Employers	Nonemployers	Compare to '97	States	Products, Size, etc.

Employers: 2002
Table includes only establishments of firms with payroll. Nonemployers are shown below. Introductory text includes scope, methodology, non-sampling error, and confidentiality protection. For descriptions of column headings and rows (industries), click on the appropriate underlined element in the table.
NAICS code	Description	Estab- lish- ments	Revenue ($1,000)	Annual payroll ($1,000)	Paid employees

52	Finance & insurance	440,268	2,803,854,868	377,790,172	6,578,817
524	Insurance carriers & related activities	169,520	1,380,082,817	120,630,679	2,406,089
5241	Insurance carriers	31,458	1,273,345,560	83,554,697	1,578,429
52411	Direct life, health, & medical insurance carriers	12,894	857,311,282	45,466,909	872,298
524113	Direct life insurance carriers	8,479	500,735,460	22,721,106	415,769

Nonemployers: 2002
Data based on 2002 Nonemployer Statistics. Table includes only firms subject to federal income tax. Nonemployers are businesses with no paid employees. Introductory text includes scope and methodology. For descriptions of column headings and rows (industries), click on the appropriate underlined element in the table.
NAICS code	NAICS Title	All firms		Nonemployers				Employers
		Establish- ments	Receipts ($1,000)	Establishments		Receipts		Establish- ments	Revenue ($1,000)
		Establish- ments	Receipts ($1,000)	Number	% of all	$1,000	% of all	Establish- ments	Revenue ($1,000)
N = Not available
52	Finance & insurance	1,100,560	2,847,993,962	660,292	60.0	44,139,094	1.5	440,268	2,803,854,868
524	Insurance carriers & related activities	523,302	1,396,253,916	353,782	67.6	16,171,099	1.2	169,520	1,380,082,817
5241	Insurance carriers	32,002	1,273,400,089	544	1.7	54,529	0.0	31,458	1,273,345,560
52411	Direct life, health, & medical insurance carriers	N	N	N	N	N	N	12,894	857,311,282
524113	Direct life insurance carriers	N	N	N	N	N	N	8,479	500,735,460

Definition: NAICS 524113 Direct life insurance carriers

This U.S. industry comprises establishments primarily engaged in initially underwriting (i.e., assuming the risk and assigning premiums) annuities and life insurance policies, disability income insurance policies, and accidental death and dismemberment insurance policies.

Cross-References.

Establishments primarily engaged in reinsuring life insurance policies, disability income insurance policies, and accidental death and dismemberment insurance policies are classified in Industry 524130, Reinsurance Carriers; and
Legal entities (i.e., funds, plans, and/or programs) organized to provide insurance and employee benefits exclusively for the sponsor, firm, or its employees or members are classified in Industry Group 5251, Insurance and Employee Benefit Funds.

Historical comparability

NAICS 524113, Direct life insurance carriers, is comparable between 2002 and 1997.

For comparisons with data before 1997, see the Bridge Between 1997 NAICS and 1987 SIC.

Comparative Statistics: 2002 and 1997

Data are in current dollars and have not been adjusted for inflation. Table includes only establishments of firms with payroll. Introductory text includes scope, methodology, non-sampling error, and confidentiality protection. "% change" rows show percent change between 1997 and 2002.
1997 NAICS code	1997 NAICS Description	Year	Establishments	Revenue ($1,000)	Annual payroll ($1,000)	Paid employees

524113	Direct life insurance carriers	2002	8,479	500,735,460	22,721,106	415,769
		1997	11,406	463,375,832	21,852,188	561,385
		% change	-25.7	8.1	4.0	-25.9

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Industry
Snapshot

Geographic Distribution -- Direct life insurance carriers: 2002

Data for the Finance & insurance sector are published for the U.S., states and metropolitan areas

Table includes only establishments of firms with payroll. Nonemployers are shown above. Introductory text includes scope, methodology, non-sampling error, and confidentiality protection. For descriptions of column headings and rows (industries), click on the appropriate underlined element in the table.

Other
Indus-
tries

Description

Estab-
lish-
ments

Revenue
($1,000)

Revenue
% of
U.S.

Revenue
per capita
($)

Annual
payroll
($1,000)

Paid
employees

United States

8,479

500,735,460

100.00

1,738

22,721,106

415,769

New York

526

2,600,639

36,719

Connecticut

147

2,007,736

31,870

Wisconsin

153

1,410,068

23,001

Massachusetts

202

1,319,401

19,849

Pennsylvania

441

1,247,834

21,560

New Jersey

276

1,228,949

16,093

California

661

1,151,648

18,378

Texas

620

1,091,134

23,652

Minnesota

167

988,276

20,079

Iowa

120

841,782

17,918

Georgia

315

818,422

15,544

Florida

546

800,675

16,832

Illinois

394

784,582

16,567

Ohio

380

690,990

15,212

Colorado

136

479,628

9,227

Indiana

190

459,793

8,836

North Carolina

269

415,830

8,796

Missouri

195

401,460

8,170

Virginia

210

344,158

6,010

Michigan

213

337,248

5,974

Tennessee

226

334,077

7,594

Washington

144

314,169

7,194

Nebraska

305,029

7,302

Alabama

185

236,175

6,226

Maine

203,899

4,401

New Hampshire

164,936

3,186

Louisiana

186

161,060

4,000

South Carolina

147

157,440

3,759

Kentucky

133

149,693

2,834

Oregon

140,352

2,872

Kansas

111

118,139

2,301

All other states, including those below

414

100.00

553,740

11,052

Delaware

87,429

2,016

Arizona

140

(2500-4999)

Maryland

162

(2500-4999)

Rhode Island

(1000-2499)

Vermont

(1000-2499)

District of Columbia

(250-499)

North Dakota

(250-499)

Mississippi

77,542

2,345

Montana

(100-249)

Oklahoma

71,739

2,208

Utah

55,075

1,286

Arkansas

42,602

1,117

South Dakota

31,226

796

West Virginia

23,082

868

Hawaii

21,605

605

Nevada

18,437

442

Idaho

17,074

433

New Mexico

13,960

543

Wyoming

2,373

102

Products Lines for Direct life insurance carriers
Product code	Product description	Sales of this line ($000)	Percent of industry sales (%)
50000	Industry total	500,735,46	100.00
50190	Annuity revenue, including considerations & annuity fund deposit	204,690,11	40.88
50110	Life insurance premiums earned - net	114,641,11	22.89
50120	Accident, health, & medical insurance premiums earned - net	33,955,711	6.78
	-Other	147,448,51	29.45

For more product detail, see the AFF links below for Product Lines

Products, Size, and Other Data from the Economic Census -- Direct life insurance carriers
Series number	Title	Contents	Geography
EC02-00C-COMP	Comparative Statistics	2002 and 1997 data side by side on a comparable NAICS 1997 basis	US, states
EC02-52SL-LS	Product Lines	Product Lines by Kind of Business	US
EC02-52SS-SZ	Establishment and Firm Size	Revenue Size of Establishments	US
		Employment Size of Establishments	US
		Single Unit & Multiunit Firms	US
		Revenue Size of Firms	US
		Employment Size of Firms	US
		Concentration by Largest Firms	US
		Legal Form of Organization	US
EC02-52SX-SB	Miscellaneous Subjects	Administrative Expenses & Benefits Paid for Life, Health, and Medical Insurance Carriers	US
EC02-52A	Geographic Area Series	Summary Statistics	US, states, metros

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Data from the Other Census Bureau Programs -- NAICS 524113
Hypertext Tables	Title (with link to data)	Frequency	Contents	Geography
	County Business Patterns	Annual	Employees; payroll; number of establishments by employment size of establishment	US, states, metro areas, counties
	Statistics of U.S. Businesses	Annual	Number of firms, employees, payroll, (and revenue, for 2002 only) by employment-size of the enterprise	US, states, metro areas