The same question can be asked 'How long does it take to catch a fish?'
There really is not a known answer per se' simply because both have many variables. In the case of babbitt, what type/grade of babbitt was used by the rebuilder? -Was it peined in? -What was the finish like or was it burnished in? -How concentric was the crankshaft journal pin ground to?
In the case of inserts, what was the quality of the crankshaft finish and how accurately was the block line-bored?
In the case of babbitt, peining and burnishing allow the babbitt to become more dense, and the burnishing allows the babbitt to conform to the journal pin shape. This creates longevity. If a poor surface finish (looks like a handsaw's teeth under magnification) is what the babbitt looks like, then the babbitt will wear quick(er) as the crankshaft is only supported on the peaks --thus wearing quicker requiring more frequent adjustments.
In the case of insert conversions, more often than not you will find the machinists equipment is tired & worn which can cause a poor alignment issue. In modern engine applications, main journal hones that are longer than the engine block are used to ensure the journals are very straight. Unfortunately Sunnen does not make a small enough line-boring hone that will span the entire length of the A block to do all three journals at once. So if any bar deflection or set-up miscalculations during the line-boring process is/are encountered, it will prematurely wear the insert bearing.
Again, how often are most hobbyists doing routine inspections on their engines? Naturally the rebuilder wants to paint a rosy picture to their customer and they tell them it can go for a long time. Define "long time" accurately.