Rising US life insurance payouts boost America’s house prices and employment, cut poverty, and reduce federal spending.
Life insurance has long been a crucial financial safety net for American families and households experiencing the loss of a loved one. In the US, this importance is growing: in 2016, the life insurance industry paid out over $100 billion to beneficiaries – more than double the amount in 2001. In a new report supported by Prudential Financial, we examine the role of life insurance in the US as a social catalyst, and explore how – as well as its crucial financial support for those suffering bereavement – it also contributes to US society by reducing poverty and unemployment and supporting the value of Americans’ homes.
Read the full report
Our economic consulting team are world leaders in quantitative economic analysis, working with clients around the globe and across sectors to build models, forecast markets and evaluate interventions using state-of-the art techniques. Lead consultants on this project were:
Oxford Economics’ team is expert at applying advanced economictools that provide valuable insights into today’s most pressing business, financial,and policy issues.
To find out more about our capabilities, contact:
+44 (0)207 803 1415
+1 (646) 503 3068
+65 6829 7198
From opportunity to impact – Assessing the economic, societal, and cultural benefits of YouTube in Sweden
This study assesses YouTube's contribution to GDP and employment in Sweden, and its broader impact on society and culture.Find Out More
Från möjlighet till påverkan – Utvärdering av de ekonomiska, sociala och kulturella fördelarna med YouTube i Sverige
Denna studie utvärderar YouTubes påverkan på Sveriges BNP och sysselsättningsgrad samt samhället och kulturen.Find Out More
The economic importance of motorcycles to Europe – technical report
Motorcycle-related activity supports €21.4 billion of output (GDP) across Europe a year, sustains 389,000 jobs, and generates €16.6 billion of tax revenues, according to research by Oxford Economics.Find Out More