Financial Accounts of the United States - Z.1
F.116 Life Insurance Companies (1)
Billions of dollars; quarterly figures are seasonally adjusted annual rates| Description | Series code | 2016 | 2017 | 2018 | 2017 Q3 | 2017 Q4 | 2018 Q1 | 2018 Q2 | 2018 Q3 | 2018 Q4 | Line |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Life insurance companies; gross saving including foreign earnings retained abroad less net capital transfers paid (2) | FA546000105 | 16.7 | 16.8 | 21.8 | 18.6 | 7.7 | 15.0 | 21.7 | 25.1 | 25.5 | 1 |
| Life insurance companies; gross fixed investment, nonresidential structures, equipment, and intellectual property products | FA545013005 | 19.1 | 20.7 | 22.5 | 20.9 | 21.0 | 21.7 | 22.3 | 22.7 | 23.3 | 2 |
| Life insurance companies; total financial assets | FA544090005 | 153.3 | 111.2 | 44.6 | 168.8 | -40.7 | 100.2 | 10.5 | 38.2 | 29.4 | 3 |
| Life insurance companies; checkable deposits and currency; asset | FA543020005 | -7.7 | 17.6 | -10.2 | 1.7 | 31.7 | -17.6 | 16.9 | -42.2 | 1.8 | 4 |
| Life insurance companies; money market fund shares; asset | FA543034005 | -13.4 | 3.6 | 5.5 | 7.0 | -2.2 | -14.3 | 23.7 | -20.7 | 33.3 | 5 |
| Life insurance companies, general accounts; security repurchase agreements, including those held by U.S. captive reinsurers; asset | FA542051075 | -0.4 | -0.4 | -0.1 | -0.3 | -1.0 | -0.9 | -0.5 | 0.3 | 0.6 | 6 |
| Life insurance companies; debt securities; asset | FA544022005 | 135.7 | 77.0 | 78.8 | 100.7 | 47.9 | 82.5 | 35.1 | 108.1 | 89.7 | 7 |
| Life insurance companies; commercial paper; asset | FA543069105 | 2.2 | -8.6 | -4.5 | -12.2 | -9.7 | -14.1 | -5.5 | -1.3 | 2.9 | 8 |
| Life insurance companies; Treasury securities; asset | FA543061105 | 20.5 | -0.8 | 3.0 | 6.0 | -18.0 | 2.0 | -2.6 | 8.3 | 4.1 | 9 |
| Life insurance companies; agency- and GSE-backed securities; asset | FA543061705 | 11.3 | 6.7 | 7.0 | 8.8 | 5.4 | 13.6 | 1.4 | 8.7 | 4.4 | 10 |
| Life insurance companies; municipal securities; asset | FA543062005 | 8.8 | 6.1 | 5.3 | 7.7 | 5.3 | 7.7 | 3.3 | 6.6 | 3.7 | 11 |
| Life insurance companies; corporate and foreign bonds; asset | FA543063005 | 92.8 | 73.6 | 68.0 | 90.4 | 64.8 | 73.3 | 38.4 | 85.9 | 74.5 | 12 |
| Life insurance companies; loans; asset | FA544023005 | 37.6 | 45.8 | 45.7 | 47.7 | 23.8 | 46.1 | 45.0 | 52.9 | 38.6 | 13 |
| Life insurance companies; other loans and advances; asset | FA543069005 | 2.8 | 4.6 | -1.2 | 14.5 | -1.0 | -1.5 | 2.0 | -0.8 | -4.7 | 14 |
| Life insurance companies; total mortgages; asset | FA543065005 | 34.8 | 41.2 | 46.9 | 33.2 | 24.8 | 47.6 | 43.0 | 53.7 | 43.3 | 15 |
| Life insurance companies; corporate equities; asset | FA543064105 | 98.5 | -45.5 | -18.5 | -46.2 | -48.6 | 16.6 | -13.3 | -50.2 | -26.8 | 16 |
| Life insurance companies; mutual fund shares; asset | FA543064205 | -167.4 | -36.3 | -104.3 | -27.6 | -57.5 | -83.0 | -86.0 | -106.5 | -141.5 | 17 |
| Life insurance companies; trade receivables from insurers; liability | FA543070005 | 24.7 | 11.1 | 3.5 | 11.8 | 11.4 | 4.4 | 4.0 | 4.3 | 1.3 | 18 |
| Life insurance companies; life insurance reserve credit from reinsurers; asset | FA543040005 | 43.8 | 34.2 | 9.5 | 36.3 | 35.2 | 12.2 | 11.2 | 12.0 | 2.5 | 19 |
| Life insurance companies; pension entitlements reserve credit from reinsurers; asset | FA543050005 | -3.1 | 7.8 | 3.8 | 8.3 | 8.0 | 4.3 | 4.8 | 3.5 | 2.6 | 20 |
| Life insurance companies, general accounts; U.S. direct investment abroad; asset | FA543092073 | -11.9 | 2.7 | -10.3 | -4.1 | 6.2 | 2.1 | -43.0 | 5.5 | -5.9 | 21 |
| Life insurance companies; total miscellaneous assets | FA543090005 | 16.9 | -6.4 | 41.2 | 33.5 | -95.5 | 47.7 | 12.6 | 71.2 | 33.3 | 22 |
| Life insurance companies, general accounts; equity in FHLB; asset | FA543092473 | 0.4 | 0.4 | 0.4 | 0.0 | 0.7 | 1.4 | 0.0 | 0.3 | -0.1 | 23 |
| Life insurance companies, general accounts; deferred and unpaid life insurance premiums; asset | FA543077073 | -0.3 | 1.8 | 2.9 | 0.2 | -0.3 | 9.8 | -0.6 | 3.4 | -1.1 | 24 |
| Life insurance companies; accident and health reserve credit from reinsurers; asset | FA543095105 | -5.3 | 3.9 | 4.0 | 3.0 | 4.9 | 7.9 | 1.0 | 6.0 | 1.0 | 25 |
| Life insurance companies; unidentified miscellaneous assets | FA543093005 | 22.2 | -12.5 | 33.9 | 30.2 | -100.7 | 28.7 | 12.1 | 61.5 | 33.4 | 26 |
| Life insurance companies; total liabilities | FA544190005 | 160.7 | 107.4 | 28.1 | 66.5 | 106.0 | 93.4 | 2.0 | 21.3 | -4.2 | 27 |
| Life insurance companies, general accounts; security repurchase agreements; liability | FA542151073 | 0.2 | -0.3 | -1.8 | -2.3 | -1.3 | -8.9 | -4.8 | 3.6 | 2.8 | 28 |
| Life insurance companies, general accounts; corporate equities; liability | FA543164173 | -5.9 | -19.9 | -8.3 | -17.2 | -19.0 | -18.1 | 1.0 | -6.0 | -10.0 | 29 |
| Life insurance companies, general accounts; FHLB advances; liability | FA543169373 | 10.1 | 6.7 | 6.4 | 3.5 | 10.9 | 16.2 | 4.0 | -0.6 | 6.0 | 30 |
| Life insurance companies; trade payables to insurers; liability | FA543170005 | 19.6 | 37.5 | 4.0 | 39.9 | 38.6 | 7.3 | 6.7 | 7.2 | -5.1 | 31 |
| Life insurance companies; life insurance reserves; liability | FA543140005 | 81.8 | 43.4 | 44.7 | 51.3 | 49.7 | 57.9 | 38.3 | 49.1 | 33.6 | 32 |
| Life insurance companies; pension entitlements, including reserve credit from reinsurers and excluding unallocated insurance contracts; liability (3) | FA543150005 | -2.8 | -12.1 | -51.2 | -41.6 | -4.8 | -5.3 | -43.6 | -82.2 | -73.7 | 33 |
| Life insurance companies, general accounts; total taxes payable; liability | FA543178075 | 1.0 | 2.0 | -2.1 | 2.3 | 12.6 | -0.8 | -3.5 | -1.1 | -3.0 | 34 |
| Life insurance companies, general accounts; foreign direct investment in U.S.; liability | FA543192073 | 4.8 | 7.0 | 5.9 | 4.3 | 10.2 | 8.6 | 4.0 | 7.8 | 3.2 | 35 |
| Life insurance companies; total miscellaneous liabilities | FA543190005 | 51.7 | 43.1 | 30.5 | 26.4 | 9.2 | 36.6 | 0.1 | 43.5 | 42.0 | 36 |
| Life insurance companies; net transactions due to holding companies; liability | FA543194733 | 1.2 | 2.5 | -11.0 | 1.5 | 4.6 | -2.7 | -0.6 | 0.8 | -41.6 | 37 |
| Issuers of asset-backed securities; funding agreements backing securities; asset (4) | FA673090543 | 6.8 | 12.0 | 3.1 | 28.4 | -5.3 | 10.8 | 5.7 | 3.2 | -7.4 | 38 |
| Life insurance companies; insurance reserves, excluding life insurance reserves and pension entitlements; liability (5) | FA543195005 | 16.0 | 17.6 | 19.7 | 10.5 | 23.9 | 43.8 | 2.4 | 30.0 | 2.7 | 39 |
| Pension funds; unallocated insurance contracts; asset | FA593095005 | 22.1 | 22.3 | 7.5 | 22.9 | 39.4 | -17.0 | 5.2 | 21.5 | 20.4 | 40 |
| Life insurance companies; unidentified miscellaneous liabilities | FA543193005 | 5.6 | -11.3 | 11.2 | -37.0 | -53.3 | 1.6 | -12.7 | -12.0 | 67.8 | 41 |
| Life insurance companies; sector discrepancy | FA547005005 | 5.1 | -7.6 | -17.1 | -104.6 | 133.4 | -13.5 | -9.1 | -14.5 | -31.4 | 42 |
| Life insurance companies, general accounts; securities lending; liability (6) | FA543200073 | -1.6 | 1.2 | -2.4 | 2.8 | -10.0 | 15.6 | -26.6 | 3.1 | -1.7 | 43 |
| Life insurance companies; direct reserve credit; liability | FA543176015 | 100.0 | 60.5 | 11.5 | 41.3 | 90.3 | 75.8 | -1.1 | 0.2 | -28.8 | 44 |
| Life insurance companies; reserve credit reinsured to U.S. reinsurers; liability | FA543176025 | 38.5 | 18.0 | 26.3 | 17.5 | 19.5 | 29.5 | 20.7 | 25.5 | 29.5 | 45 |
| Life insurance companies; reserve credit reinsured to non-U.S. reinsurers; asset | FA543076035 | 17.4 | 36.2 | 13.7 | 38.8 | 36.9 | 17.4 | 15.0 | 15.2 | 7.0 | 46 |
| Life insurance companies; reserve credit reinsured from non-U.S. reinsurers; liability | FA543176035 | 12.2 | 3.4 | 0.8 | 3.6 | 3.5 | 1.1 | 1.1 | 1.1 | 0.1 | 47 |
NOTES
- Additional detail on the financial assets and liabilities held in life insurer's general and separate accounts is available on tables F.116.g and F.116.s.
- Net capital transfers paid from table F.5, line 54.
- Annuity reserves held by life insurance companies, excluding unallocated contracts held by pension funds, which are shown on line 40.
- Equal to funding agreement-backed securities (FABS) issued by domestic issuers of asset-backed securities.
- Includes reserves for accident and health policies, policy dividend accumulation, and contract claims.
- Liability for securities lending collateral, included in line 41.
Last Update: March 7, 2019