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United States Holds Most World Life Insurance
At the 21st annual meeting of life insurance presidents, Leroy A. Lincoln says roughly 71 percent of the world’s 101 billion dollars in life insurance is carried by American firms. He notes Britain about 10 percent, Japan and Australia rising, while Russia shows no progress. Archibald A. Welch states 1927 new business reached 16.9 billion dollars, with 62 million policyholders and 115 million policies in force, underscoring American thrift and provisioning for families.
MENTIONED IN THIS ARTICLE
Associated Press
New York
United States
Leroy A. Lincoln
Metropolitan Life Insurance Company
Association of Life Insurance Presidents
Great Britain
Japan
Australia
Russia
Lincoln
America
Archibald A. Welch
Phoenix Mutual Life Insurance Company
Hbeneficieh S
Welch
Amer- SR Ee. Vcaeelt