Financial Accounts of the United States - Z.1
L.116 Life Insurance Companies (1)
Billions of dollars; amounts outstanding end of period, not seasonally adjusted| Description | Series code | 2016 | 2017 | 2018 | 2018 Q1 | 2018 Q2 | 2018 Q3 | 2018 Q4 | 2019 Q1 | 2019 Q2 | Line |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Life insurance companies; total financial assets | FL544090005 | 7247.5 | 7747.3 | 7566.4 | 7674.0 | 7693.8 | 7792.9 | 7566.4 | 7914.2 | 8148.7 | 1 |
| Life insurance companies; checkable deposits and currency; asset | FL543020005 | 73.5 | 91.1 | 90.7 | 85.5 | 93.0 | 81.4 | 90.7 | 91.9 | 101.2 | 2 |
| Life insurance companies; money market fund shares; asset | FL543034005 | 44.6 | 48.2 | 55.0 | 46.6 | 49.0 | 45.2 | 55.0 | 50.6 | 54.8 | 3 |
| Life insurance companies, general accounts; security repurchase agreements, including those held by U.S. captive reinsurers; asset | FL542051075 | 2.5 | 2.0 | 2.2 | 1.9 | 1.9 | 2.2 | 2.2 | 2.3 | 2.5 | 4 |
| Life insurance companies; debt securities; asset | LM544022005 | 3407.3 | 3585.8 | 3502.6 | 3526.8 | 3486.3 | 3503.8 | 3502.6 | 3654.3 | 3803.0 | 5 |
| Life insurance companies; commercial paper; asset | LM543069105 | 46.6 | 38.1 | 33.1 | 35.4 | 33.4 | 34.2 | 33.1 | 34.8 | 37.1 | 6 |
| Life insurance companies; Treasury securities; asset | LM543061105 | 219.3 | 228.3 | 203.7 | 226.9 | 225.9 | 226.1 | 203.7 | 201.1 | 202.1 | 7 |
| Life insurance companies; agency- and GSE-backed securities; asset | LM543061705 | 372.8 | 386.6 | 364.9 | 384.8 | 375.8 | 373.7 | 364.9 | 371.2 | 377.4 | 8 |
| Life insurance companies; municipal securities; asset | LM543062005 | 185.2 | 197.8 | 190.0 | 198.3 | 196.5 | 194.4 | 190.0 | 193.7 | 195.5 | 9 |
| Life insurance companies; corporate and foreign bonds; asset | LM543063005 | 2583.3 | 2735.0 | 2710.9 | 2681.4 | 2654.7 | 2675.3 | 2710.9 | 2853.5 | 2990.9 | 10 |
| Life insurance companies; loans; asset | FL544023005 | 629.9 | 675.7 | 737.2 | 689.5 | 705.5 | 721.9 | 737.2 | 750.2 | 757.8 | 11 |
| Life insurance companies; other loans and advances; asset | FL543069005 | 164.4 | 169.0 | 169.1 | 168.7 | 169.2 | 168.9 | 169.1 | 169.9 | 169.5 | 12 |
| Life insurance companies; total mortgages; asset | FL543065005 | 465.5 | 506.7 | 568.1 | 520.8 | 536.4 | 552.9 | 568.1 | 580.3 | 588.3 | 13 |
| Life insurance companies; corporate equities; asset | LM543064105 | 554.8 | 622.8 | 537.8 | 604.3 | 604.2 | 613.6 | 537.8 | 585.7 | 595.8 | 14 |
| Life insurance companies; mutual fund shares; asset | LM543064205 | 1439.5 | 1572.3 | 1402.7 | 1540.1 | 1556.0 | 1595.1 | 1402.7 | 1527.3 | 1549.8 | 15 |
| Life insurance companies; trade receivables from insurers; liability | FL543070005 | 91.1 | 102.2 | 101.5 | 102.0 | 101.8 | 101.7 | 101.5 | 102.1 | 103.0 | 16 |
| Life insurance companies; life insurance reserve credit from reinsurers; asset | FL543040005 | 252.4 | 286.6 | 250.4 | 277.5 | 268.3 | 259.5 | 250.4 | 252.0 | 254.2 | 17 |
| Life insurance companies; pension entitlements reserve credit from reinsurers; asset | FL543050005 | 83.5 | 91.4 | 191.4 | 116.5 | 141.8 | 166.4 | 191.4 | 193.0 | 194.7 | 18 |
| Life insurance companies, general accounts; U.S. direct investment abroad (market value); asset | LM543092073 | 64.8 | 81.9 | 59.8 | 80.8 | 68.3 | 67.5 | 59.8 | 66.9 | 63.1 | 19 |
| Life insurance companies; total miscellaneous assets | FL543090005 | 603.6 | 587.3 | 635.3 | 602.6 | 617.6 | 634.8 | 635.3 | 637.8 | 668.8 | 20 |
| Life insurance companies, general accounts; equity in FHLB; asset | FL543092473 | 3.8 | 4.2 | 4.7 | 4.5 | 4.5 | 4.6 | 4.7 | 4.7 | 4.7 | 21 |
| Life insurance companies, general accounts; deferred and unpaid life insurance premiums; asset | FL543077073 | 31.3 | 33.1 | 35.0 | 35.5 | 35.4 | 36.2 | 35.0 | 36.4 | 35.7 | 22 |
| Life insurance companies; accident and health reserve credit from reinsurers; asset | FL543095105 | 65.9 | 69.8 | 74.3 | 71.2 | 72.2 | 73.4 | 74.3 | 74.9 | 75.5 | 23 |
| Life insurance companies; unidentified miscellaneous assets | FL543093005 | 502.6 | 480.2 | 521.3 | 491.4 | 505.6 | 520.6 | 521.3 | 521.7 | 552.8 | 24 |
| Life insurance companies; total liabilities | FL544190005 | 6715.3 | 7132.7 | 7110.9 | 7156.8 | 7211.3 | 7310.3 | 7110.9 | 7335.2 | 7456.9 | 25 |
| Life insurance companies, general accounts; security repurchase agreements; liability | FL542151073 | 21.6 | 21.4 | 24.1 | 20.8 | 20.9 | 23.5 | 24.1 | 25.5 | 27.9 | 26 |
| Life insurance companies, general accounts; FHLB advances; liability | FL543169373 | 68.3 | 74.8 | 81.1 | 78.8 | 79.8 | 79.6 | 81.1 | 82.2 | 82.2 | 27 |
| Life insurance companies; trade payables to insurers; liability | FL543170005 | 133.7 | 171.2 | 186.3 | 175.0 | 178.8 | 182.6 | 186.3 | 187.6 | 189.2 | 28 |
| Life insurance companies; life insurance reserves; liability | FL543140005 | 1925.9 | 2008.8 | 2035.2 | 2018.4 | 2035.0 | 2054.2 | 2035.2 | 2071.3 | 2093.8 | 29 |
| Life insurance companies; pension entitlements, including reserve credit from reinsurers and excluding unallocated insurance contracts; liability (2) | FL543150005 | 3099.2 | 3333.0 | 3292.2 | 3335.0 | 3375.0 | 3438.7 | 3292.2 | 3437.1 | 3498.9 | 30 |
| Life insurance companies, general accounts; total taxes payable; liability | FL543178075 | 8.4 | 10.4 | 7.5 | 10.2 | 9.3 | 9.0 | 7.5 | 8.1 | 7.2 | 31 |
| Life insurance companies, general accounts; foreign direct investment in U.S. (market value); liability | LM543192073 | 126.4 | 153.6 | 128.9 | 152.4 | 155.1 | 164.7 | 128.9 | 147.5 | 148.8 | 32 |
| Life insurance companies; total miscellaneous liabilities | FL543190005 | 1331.8 | 1359.5 | 1355.6 | 1366.3 | 1357.4 | 1357.9 | 1355.6 | 1375.8 | 1409.0 | 33 |
| Life insurance companies; net transactions due to holding companies; liability | FL543194733 | 13.3 | 15.8 | 4.8 | 15.1 | 15.0 | 15.2 | 4.8 | 5.2 | 5.7 | 34 |
| Issuers of asset-backed securities; funding agreements backing securities; asset (3) | FL673090543 | 70.7 | 82.7 | 85.7 | 85.4 | 86.8 | 87.6 | 85.7 | 89.1 | 88.6 | 35 |
| Life insurance companies; insurance reserves, excluding life insurance reserves and pension entitlements; liability (4) | FL543195005 | 364.8 | 382.4 | 408.7 | 392.7 | 394.4 | 401.8 | 408.7 | 414.0 | 417.1 | 36 |
| Pension funds; unallocated insurance contracts; asset | FL593095005 | 672.8 | 694.2 | 671.6 | 688.1 | 691.4 | 697.1 | 671.6 | 691.7 | 696.7 | 37 |
| Life insurance companies; unidentified miscellaneous liabilities | FL543193005 | 210.2 | 184.6 | 184.8 | 185.0 | 169.9 | 156.3 | 184.8 | 175.8 | 200.9 | 38 |
| Life insurance companies, general accounts; securities lending; liability (5) | FL543200073 | 47.8 | 49.0 | 42.6 | 52.9 | 46.3 | 47.0 | 42.6 | 45.2 | 45.2 | 39 |
| Life insurance companies; direct reserve credit; liability | FL543176015 | 5816.7 | 6165.0 | 6114.9 | 6173.7 | 6227.0 | 6311.8 | 6114.9 | 6320.4 | 6408.5 | 40 |
| Life insurance companies; reserve credit reinsured to U.S. reinsurers; liability | FL543176025 | 616.4 | 639.0 | 705.1 | 656.1 | 673.7 | 692.4 | 705.1 | 713.5 | 720.3 | 41 |
| Life insurance companies; reserve credit reinsured to non-U.S. reinsurers; asset | FL543076035 | 326.9 | 363.5 | 444.4 | 383.8 | 404.4 | 424.4 | 444.4 | 447.9 | 451.8 | 42 |
| Life insurance companies; reserve credit reinsured from non-U.S. reinsurers; liability | FL543176035 | 22.4 | 25.7 | 26.0 | 25.8 | 25.9 | 26.0 | 26.0 | 26.2 | 26.4 | 43 |
NOTES
- Additional detail on the financial assets and liabilities held in life insurer's general and separate accounts is available on tables L.116.g and L.116.s.
- Annuity reserves held by life insurance companies, excluding unallocated contracts held by pension funds, which are shown on line 37.
- 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 38.
Last Update: September 20, 2019