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 | 2017 | 2018 | 2019 | 2018 Q3 | 2018 Q4 | 2019 Q1 | 2019 Q2 | 2019 Q3 | 2019 Q4 | Line |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Life insurance companies; total financial assets | FL544090005 | 7747.3 | 7566.4 | 8573.3 | 7792.9 | 7566.4 | 7914.2 | 8148.7 | 8317.7 | 8573.3 | 1 |
| Life insurance companies; checkable deposits and currency; asset | FL543020005 | 91.1 | 90.7 | 121.7 | 81.4 | 90.7 | 91.9 | 101.2 | 113.2 | 121.7 | 2 |
| Life insurance companies; money market fund shares; asset | FL543034005 | 48.2 | 55.0 | 62.6 | 45.2 | 55.0 | 50.6 | 54.8 | 59.7 | 62.6 | 3 |
| Life insurance companies, general accounts; security repurchase agreements, including those held by U.S. captive reinsurers; asset | FL542051075 | 2.0 | 2.2 | 2.7 | 2.2 | 2.2 | 2.3 | 2.5 | 2.6 | 2.7 | 4 |
| Life insurance companies; debt securities; asset | LM544022005 | 3585.8 | 3502.6 | 3940.6 | 3503.8 | 3502.6 | 3654.3 | 3803.0 | 3913.5 | 3940.6 | 5 |
| Life insurance companies; commercial paper; asset | FL543069105 | 38.1 | 33.1 | 38.0 | 34.2 | 33.1 | 34.8 | 37.1 | 37.1 | 38.0 | 6 |
| Life insurance companies; Treasury securities; asset | LM543061105 | 228.3 | 203.7 | 207.4 | 226.1 | 203.7 | 201.1 | 202.1 | 208.2 | 207.4 | 7 |
| Life insurance companies; agency- and GSE-backed securities; asset | LM543061705 | 386.6 | 364.9 | 380.0 | 373.7 | 364.9 | 371.2 | 377.4 | 381.3 | 380.0 | 8 |
| Life insurance companies; municipal securities; asset | LM543062005 | 197.8 | 190.0 | 196.4 | 194.4 | 190.0 | 193.7 | 195.5 | 196.7 | 196.4 | 9 |
| Life insurance companies; corporate and foreign bonds; asset | LM543063005 | 2735.0 | 2710.9 | 3118.8 | 2675.3 | 2710.9 | 2853.5 | 2990.9 | 3090.1 | 3118.8 | 10 |
| Life insurance companies; loans; asset | FL544023005 | 675.7 | 737.2 | 784.5 | 721.9 | 737.2 | 750.2 | 757.8 | 775.1 | 784.5 | 11 |
| Life insurance companies; other loans and advances; asset | FL543069005 | 169.0 | 169.1 | 172.8 | 168.9 | 169.1 | 169.9 | 169.5 | 172.8 | 172.8 | 12 |
| Life insurance companies; total mortgages; asset | FL543065005 | 506.7 | 568.1 | 611.8 | 552.9 | 568.1 | 580.3 | 588.3 | 602.4 | 611.8 | 13 |
| Life insurance companies; corporate equities; asset | LM543064105 | 622.8 | 537.8 | 619.2 | 613.6 | 537.8 | 585.7 | 595.0 | 591.5 | 619.2 | 14 |
| Life insurance companies; mutual fund shares; asset | LM543064205 | 1572.3 | 1402.7 | 1599.7 | 1595.1 | 1402.7 | 1527.3 | 1550.6 | 1532.9 | 1599.7 | 15 |
| Life insurance companies; trade receivables from insurers; liability | FL543070005 | 102.2 | 101.5 | 106.2 | 101.7 | 101.5 | 102.1 | 103.0 | 104.4 | 106.2 | 16 |
| Life insurance companies; life insurance reserve credit from reinsurers; asset | FL543040005 | 286.6 | 250.4 | 265.4 | 259.5 | 250.4 | 252.0 | 254.2 | 257.7 | 265.4 | 17 |
| Life insurance companies; pension entitlements reserve credit from reinsurers; asset | FL543050005 | 91.4 | 191.4 | 191.6 | 166.4 | 191.4 | 193.0 | 194.7 | 197.6 | 191.6 | 18 |
| Life insurance companies, general accounts; U.S. direct investment abroad (market value); asset | LM543092073 | 81.9 | 59.8 | 67.5 | 67.5 | 59.8 | 66.8 | 67.4 | 67.7 | 67.5 | 19 |
| Life insurance companies; total miscellaneous assets | FL543090005 | 587.3 | 635.3 | 811.5 | 634.8 | 635.3 | 637.9 | 664.5 | 702.0 | 811.5 | 20 |
| Life insurance companies, general accounts; equity in FHLB; asset | FL543092473 | 4.2 | 4.7 | 5.5 | 4.6 | 4.7 | 4.7 | 4.7 | 5.0 | 5.5 | 21 |
| Life insurance companies, general accounts; deferred and unpaid life insurance premiums; asset | FL543077073 | 33.1 | 35.0 | 36.7 | 36.2 | 35.0 | 36.4 | 35.7 | 36.6 | 36.7 | 22 |
| Life insurance companies; accident and health reserve credit from reinsurers; asset | FL543095105 | 69.8 | 74.3 | 76.7 | 73.4 | 74.3 | 74.9 | 75.5 | 76.2 | 76.7 | 23 |
| Life insurance companies; unidentified miscellaneous assets | FL543093005 | 480.2 | 521.3 | 692.6 | 520.6 | 521.3 | 521.8 | 548.6 | 584.1 | 692.6 | 24 |
| Life insurance companies; total liabilities | FL544190005 | 7272.4 | 7228.8 | 7945.8 | 7462.0 | 7228.8 | 7471.1 | 7596.6 | 7706.2 | 7945.8 | 25 |
| Life insurance companies, general accounts; security repurchase agreements; liability | FL542151073 | 21.4 | 24.1 | 28.6 | 23.5 | 24.1 | 25.5 | 27.9 | 28.0 | 28.6 | 26 |
| Life insurance companies, general accounts; FHLB advances; liability | FL543169373 | 74.8 | 81.1 | 88.7 | 79.6 | 81.1 | 82.2 | 82.2 | 86.1 | 88.7 | 27 |
| Life insurance companies; trade payables to insurers; liability | FL543170005 | 171.2 | 186.3 | 193.6 | 182.6 | 186.3 | 187.6 | 189.2 | 191.8 | 193.6 | 28 |
| Life insurance companies; life insurance reserves; liability | FL543140005 | 2008.8 | 2035.2 | 2162.5 | 2054.2 | 2035.2 | 2071.3 | 2093.8 | 2117.9 | 2162.5 | 29 |
| Life insurance companies; pension entitlements, including reserve credit from reinsurers and excluding unallocated insurance contracts; liability (2) | FL543150005 | 3328.8 | 3277.4 | 3656.0 | 3417.5 | 3277.4 | 3415.8 | 3479.5 | 3509.6 | 3656.0 | 30 |
| Life insurance companies, general accounts; total taxes payable; liability | FL543178075 | 10.4 | 7.5 | 6.5 | 9.0 | 7.5 | 8.1 | 7.2 | 7.0 | 6.5 | 31 |
| Life insurance companies, general accounts; foreign direct investment in U.S. (market value); liability | LM543192073 | 153.6 | 128.9 | 161.8 | 164.7 | 128.9 | 147.4 | 151.2 | 158.9 | 161.8 | 32 |
| Life insurance companies; total miscellaneous liabilities | FL543190005 | 1503.4 | 1488.3 | 1648.2 | 1530.9 | 1488.3 | 1533.1 | 1565.6 | 1606.9 | 1648.2 | 33 |
| Life insurance companies; net transactions due to holding companies; liability | FL543194733 | 15.8 | 4.8 | 0.0 | 15.2 | 4.8 | 5.2 | 5.7 | 5.9 | 0.0 | 34 |
| Issuers of asset-backed securities; funding agreements backing securities; asset (3) | FL673090543 | 82.7 | 85.7 | 90.8 | 87.6 | 85.7 | 89.1 | 87.7 | 88.7 | 90.8 | 35 |
| Life insurance companies; insurance reserves, excluding life insurance reserves and pension entitlements; liability (4) | FL543195005 | 382.4 | 408.7 | 420.8 | 401.8 | 408.7 | 414.0 | 417.1 | 420.0 | 420.8 | 36 |
| Pension funds; unallocated insurance contracts; asset | FL593095005 | 698.4 | 686.4 | 736.1 | 718.3 | 686.4 | 713.0 | 717.0 | 716.3 | 736.1 | 37 |
| Life insurance companies; unidentified miscellaneous liabilities | FL543193005 | 324.3 | 302.7 | 400.5 | 308.0 | 302.7 | 311.9 | 338.2 | 375.9 | 400.5 | 38 |
| Life insurance companies, general accounts; securities lending; liability (5) | FL543200073 | 49.0 | 42.6 | 45.5 | 47.0 | 42.6 | 45.2 | 45.2 | 45.4 | 45.5 | 39 |
| Life insurance companies; direct reserve credit; liability | FL543176015 | 6165.0 | 6114.9 | 6679.6 | 6311.8 | 6114.9 | 6320.4 | 6408.5 | 6464.7 | 6679.6 | 40 |
| Life insurance companies; reserve credit reinsured to U.S. reinsurers; liability | FL543176025 | 639.0 | 705.1 | 733.5 | 692.4 | 705.1 | 713.5 | 720.3 | 729.3 | 733.5 | 41 |
| Life insurance companies; reserve credit reinsured to non-U.S. reinsurers; asset | FL543076035 | 363.5 | 444.4 | 458.1 | 424.4 | 444.4 | 447.9 | 451.8 | 458.1 | 458.1 | 42 |
| Life insurance companies; reserve credit reinsured from non-U.S. reinsurers; liability | FL543176035 | 25.7 | 26.0 | 27.3 | 26.0 | 26.0 | 26.2 | 26.4 | 26.8 | 27.3 | 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: March 12, 2020