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Size of the US Direct Life Insurance Carriers industry

NAICS 524113, Direct Life Insurance Carriers. Every figure on this page was published by a federal statistical agency and carries its source and period. Palanor does not estimate: a period the agency didn’t publish shows as missing, and a figure it withheld shows as withheld.

Key figures

Receipts (sales, shipments or revenue)
$601 billion
2022 · Economic Census
All establishments, current dollars
Employment
204,419
2026-Q1 · Quarterly Census of Employment and Wages
Private-sector jobs in the third month of each quarter
Establishments
5,203
2026-Q1 · Quarterly Census of Employment and Wages
Private ownership
Firms
614
2022 · Economic Census
Annual payroll
$41.4 billion
2023 · County Business Patterns

Over time

Employment · Quarterly Census of Employment and WagesLatest 204,419 · 2026-Q1
2019-Q1: 238,8092019-Q2: 242,2152019-Q3: 242,0122019-Q4: 247,2372020-Q1: 241,1052020-Q2: 242,1822020-Q3: 239,7092020-Q4: 244,3542021-Q1: 235,1972021-Q2: 233,5742021-Q3: 232,7232021-Q4: 239,6962022-Q1: 232,0312022-Q2: 231,4752022-Q3: 233,1112022-Q4: 237,7042023-Q1: 222,8642023-Q2: 223,9012023-Q3: 221,5062023-Q4: 224,5432024-Q1: 210,1662024-Q2: 212,0232024-Q3: 210,2282024-Q4: 213,0392025-Q1: 208,2802025-Q2: 206,9522025-Q3: 205,8982025-Q4: 211,0512026-Q1: 204,419NAICS 2022 from 2022-Q1
Show the numbers
PeriodValueNAICS
2026-Q1204,4192022
2025-Q4211,0512022
2025-Q3205,8982022
2025-Q2206,9522022
2025-Q1208,2802022
2024-Q4213,0392022
2024-Q3210,2282022
2024-Q2212,0232022
2024-Q1210,1662022
2023-Q4224,5432022
2023-Q3221,5062022
2023-Q2223,9012022
2023-Q1222,8642022
2022-Q4237,7042022
2022-Q3233,1112022
2022-Q2231,4752022
2022-Q1232,0312022
2021-Q4239,6962017
2021-Q3232,7232017
2021-Q2233,5742017
2021-Q1235,1972017
2020-Q4244,3542017
2020-Q3239,7092017
2020-Q2242,1822017
2020-Q1241,1052017
2019-Q4247,2372017
2019-Q3242,0122017
2019-Q2242,2152017
2019-Q1238,8092017

Source: U.S. Bureau of Labor Statistics, Quarterly Census of Employment and Wages · Private-sector jobs in the third month of each quarter

Employment · County Business PatternsLatest 308,639 · 2023
2017: 340,0402018: 321,8602019: 330,3392020: 332,3542021: 323,2452022: 311,0722023: 308,639
Show the numbers
PeriodValue
2023308,639
2022311,072
2021323,245
2020332,354
2019330,339
2018321,860
2017340,040

Source: U.S. Census Bureau, County Business Patterns · Paid employees in the pay period including March 12

Establishments · Quarterly Census of Employment and WagesLatest 5,203 · 2026-Q1
2019-Q1: 5,2852019-Q2: 5,3472019-Q3: 5,3832019-Q4: 5,4812020-Q1: 5,3982020-Q2: 5,5442020-Q3: 5,7162020-Q4: 5,7722021-Q1: 5,0392021-Q2: 5,0232021-Q3: 5,0922021-Q4: 5,1722022-Q1: 5,1852022-Q2: 5,2742022-Q3: 5,2902022-Q4: 5,2932023-Q1: 5,1322023-Q2: 5,1742023-Q3: 5,2242023-Q4: 5,2632024-Q1: 5,1842024-Q2: 5,2232024-Q3: 5,2322024-Q4: 5,2902025-Q1: 5,1862025-Q2: 5,2262025-Q3: 5,2022025-Q4: 5,2162026-Q1: 5,203NAICS 2022 from 2022-Q1
Show the numbers
PeriodValueNAICS
2026-Q15,2032022
2025-Q45,2162022
2025-Q35,2022022
2025-Q25,2262022
2025-Q15,1862022
2024-Q45,2902022
2024-Q35,2322022
2024-Q25,2232022
2024-Q15,1842022
2023-Q45,2632022
2023-Q35,2242022
2023-Q25,1742022
2023-Q15,1322022
2022-Q45,2932022
2022-Q35,2902022
2022-Q25,2742022
2022-Q15,1852022
2021-Q45,1722017
2021-Q35,0922017
2021-Q25,0232017
2021-Q15,0392017
2020-Q45,7722017
2020-Q35,7162017
2020-Q25,5442017
2020-Q15,3982017
2019-Q45,4812017
2019-Q35,3832017
2019-Q25,3472017
2019-Q15,2852017

Source: U.S. Bureau of Labor Statistics, Quarterly Census of Employment and Wages · Private ownership

Establishments · County Business PatternsLatest 5,674 · 2023
2017: 8,5612018: 7,7642019: 7,9382020: 8,0532021: 6,8442022: 6,4142023: 5,674
Show the numbers
PeriodValue
20235,674
20226,414
20216,844
20208,053
20197,938
20187,764
20178,561

Source: U.S. Census Bureau, County Business Patterns

Total wages in the quarter · Quarterly Census of Employment and WagesLatest $11.2 billion · 2026-Q1
2019-Q1: $9.7 billion2019-Q2: $5.7 billion2019-Q3: $5.5 billion2019-Q4: $5.9 billion2020-Q1: $9.9 billion2020-Q2: $5.7 billion2020-Q3: $5.5 billion2020-Q4: $6.2 billion2021-Q1: $9.4 billion2021-Q2: $5.8 billion2021-Q3: $5.6 billion2021-Q4: $6.0 billion2022-Q1: $10.7 billion2022-Q2: $5.8 billion2022-Q3: $5.9 billion2022-Q4: $6.0 billion2023-Q1: $10.4 billion2023-Q2: $5.9 billion2023-Q3: $5.6 billion2023-Q4: $6.0 billion2024-Q1: $10.6 billion2024-Q2: $5.9 billion2024-Q3: $5.6 billion2024-Q4: $5.9 billion2025-Q1: $10.6 billion2025-Q2: $6.0 billion2025-Q3: $5.6 billion2025-Q4: $6.0 billion2026-Q1: $11.2 billionNAICS 2022 from 2022-Q1
Show the numbers
PeriodValueNAICS
2026-Q1$11.2 billion2022
2025-Q4$6.0 billion2022
2025-Q3$5.6 billion2022
2025-Q2$6.0 billion2022
2025-Q1$10.6 billion2022
2024-Q4$5.9 billion2022
2024-Q3$5.6 billion2022
2024-Q2$5.9 billion2022
2024-Q1$10.6 billion2022
2023-Q4$6.0 billion2022
2023-Q3$5.6 billion2022
2023-Q2$5.9 billion2022
2023-Q1$10.4 billion2022
2022-Q4$6.0 billion2022
2022-Q3$5.9 billion2022
2022-Q2$5.8 billion2022
2022-Q1$10.7 billion2022
2021-Q4$6.0 billion2017
2021-Q3$5.6 billion2017
2021-Q2$5.8 billion2017
2021-Q1$9.4 billion2017
2020-Q4$6.2 billion2017
2020-Q3$5.5 billion2017
2020-Q2$5.7 billion2017
2020-Q1$9.9 billion2017
2019-Q4$5.9 billion2017
2019-Q3$5.5 billion2017
2019-Q2$5.7 billion2017
2019-Q1$9.7 billion2017

Source: U.S. Bureau of Labor Statistics, Quarterly Census of Employment and Wages · Private ownership

Annual payroll · County Business PatternsLatest $41.4 billion · 2023
2017: $37.2 billion2018: $37.9 billion2019: $37.9 billion2020: $38.7 billion2021: $39.1 billion2022: $42.3 billion2023: $41.4 billion
Show the numbers
PeriodValue
2023$41.4 billion
2022$42.3 billion
2021$39.1 billion
2020$38.7 billion
2019$37.9 billion
2018$37.9 billion
2017$37.2 billion

Source: U.S. Census Bureau, County Business Patterns

The ledger

Every published measure

MeasureSourceLatestPeriodHistory
EmploymentPrivate-sector jobs in the third month of each quarterQuarterly Census of Employment and Wages204,4192026-Q12019-Q1–2026-Q1 · 29 published
EstablishmentsPrivate ownershipQuarterly Census of Employment and Wages5,2032026-Q12019-Q1–2026-Q1 · 29 published
Total wages in the quarterPrivate ownershipQuarterly Census of Employment and Wages$11.2 billion2026-Q12019-Q1–2026-Q1 · 29 published
Annual payrollCounty Business Patterns$41.4 billion20232017–2023 · 7 published
EmploymentPaid employees in the pay period including March 12County Business Patterns308,63920232017–2023 · 7 published
EstablishmentsCounty Business Patterns5,67420232017–2023 · 7 published
Annual payrollEconomic Census$40.3 billion20222017–2022 · 2 published
EmploymentPaid employees in the pay period including March 12Economic Census301,10420222017–2022 · 2 published
EstablishmentsEconomic Census5,97820222017–2022 · 2 published
FirmsEconomic Census61420222017–2022 · 2 published
Receipts (sales, shipments or revenue)All establishments, current dollarsEconomic Census$601 billion20222017–2022 · 2 published

Sources

Where every number comes from

Figures are in current dollars and are the agencies’ own, revised when they revise. Each program defines its universe differently (employer firms, private ownership, all establishments), so figures from different sources are not meant to add up. This page is not endorsed by the Census Bureau, BEA or BLS. The same data is in the Palanor API (/v1/industries) and the MCP (palanor_get_industry). All industries.