Life insurance in force is the total value of policies a company has issued, representing the sum of face amounts plus dividends outstanding payable at a policyholder's death. The data tracks this value for policyholders residing in New York, beginning in 1996. It is published by data.ny.gov and was last updated in May 2026.
Use Cases
- Analyze long-term trends in the New York life insurance market using the Year and Insurance In Force columns.
- Forecast future insurance in force values using historical Year data for time-series modeling.
- Calculate year-over-year growth rates of the insurance sector from the Insurance In Force column.
Strengths
- Data covers a multi-decade period beginning in 1996, allowing for long-term trend analysis.
- Published by an official state government source (data.ny.gov), suggesting a reliable origin.
Limitations
- Row count is unknown, which may limit suitability assessment for large-scale modeling.
- Description metadata is limited; actual data quality requires manual inspection after download.
Provenance
- Source
- data.ny.gov
- Time Range
- Beginning 1996
- Freshness
- Last updated 2026-05-12 20:11:34; freshness should be verified.
- Geography
- State of New York