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 | 2019 | 2019 Q1 | 2019 Q2 | 2019 Q3 | 2019 Q4 | 2020 Q1 | Line |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Life insurance companies; gross saving including foreign earnings retained abroad less net capital transfers paid (2) | FA546000105 | 14.8 | 3.4 | 8.2 | 18.7 | 22.6 | 15.5 | 18.6 | 18.1 | 4.6 | 1 |
| Life insurance companies; gross fixed investment, nonresidential structures, equipment, and intellectual property products | FA545013005 | 19.0 | 19.5 | 21.5 | 23.0 | 22.6 | 22.9 | 23.1 | 23.2 | 23.3 | 2 |
| Life insurance companies; total financial assets | FA544090005 | 152.8 | 101.3 | 125.1 | 130.6 | 122.0 | 242.2 | 375.9 | -217.5 | 1179.2 | 3 |
| Life insurance companies; checkable deposits and currency; asset | FA543020005 | -7.7 | 17.6 | -0.4 | 4.0 | -5.6 | 27.8 | 38.2 | -44.3 | 190.8 | 4 |
| Life insurance companies; money market fund shares; asset | FA543034005 | -13.4 | 3.6 | 6.7 | 3.6 | -11.9 | 18.5 | 21.7 | -13.8 | 134.6 | 5 |
| Life insurance companies, general accounts; security repurchase agreements, including those held by U.S. captive reinsurers; asset | FA542051075 | -0.4 | -0.4 | 0.2 | 4.1 | 4.6 | 5.3 | 4.0 | 2.6 | 13.9 | 6 |
| Life insurance companies; debt securities; asset | FA544022005 | 135.7 | 77.0 | 89.1 | 124.6 | 141.4 | 167.5 | 185.0 | 4.5 | 375.4 | 7 |
| Life insurance companies; commercial paper; asset | FA543069105 | 2.2 | -8.6 | -4.9 | -4.4 | -1.5 | 2.1 | -10.1 | -8.0 | -8.0 | 8 |
| Life insurance companies; Treasury securities; asset | FA543061105 | 20.5 | -0.8 | -28.8 | -6.4 | -23.0 | -18.1 | 7.4 | 8.2 | 44.6 | 9 |
| Life insurance companies; agency- and GSE-backed securities; asset | FA543061705 | 11.3 | 6.7 | 1.6 | -1.3 | 11.1 | 0.2 | 1.7 | -18.3 | 22.0 | 10 |
| Life insurance companies; municipal securities; asset | FA543062005 | 8.8 | 6.1 | -2.5 | -1.0 | 0.8 | -3.4 | -0.5 | -0.8 | 0.6 | 11 |
| Life insurance companies; corporate and foreign bonds; asset | FA543063005 | 92.8 | 73.6 | 123.7 | 137.6 | 154.0 | 186.6 | 186.5 | 23.4 | 316.2 | 12 |
| Life insurance companies; loans; asset | FA544023005 | 37.6 | 45.8 | 61.5 | 47.5 | 57.6 | 27.6 | 67.5 | 37.4 | 63.6 | 13 |
| Life insurance companies; other loans and advances; asset | FA543069005 | 2.8 | 4.6 | 0.0 | -3.6 | -1.2 | -7.0 | 7.5 | -13.5 | 22.5 | 14 |
| Life insurance companies; total mortgages; asset | FA543065005 | 34.8 | 41.2 | 61.4 | 51.1 | 58.8 | 34.7 | 60.0 | 50.9 | 41.1 | 15 |
| Life insurance companies; corporate equities; asset | FA543064105 | -24.5 | -5.9 | -44.5 | 1.1 | -12.3 | 8.9 | 12.0 | -4.1 | -20.3 | 16 |
| Life insurance companies; mutual fund shares; asset | FA543064205 | -44.4 | -75.9 | -87.0 | -86.6 | -59.1 | -101.0 | -94.9 | -91.1 | -140.3 | 17 |
| Life insurance companies; trade receivables from insurers; liability | FA543070005 | 24.7 | 11.1 | -0.7 | 6.3 | 4.2 | 13.4 | 19.9 | -12.5 | 68.7 | 18 |
| Life insurance companies; life insurance reserve credit from reinsurers; asset | FA543040005 | 43.8 | 34.2 | -36.2 | 6.7 | 5.0 | 6.6 | 12.6 | 2.8 | 20.5 | 19 |
| Life insurance companies; pension entitlements reserve credit from reinsurers; asset | FA543050005 | -3.1 | 7.8 | 100.1 | 7.7 | 6.3 | 7.6 | 12.2 | 4.7 | 34.8 | 20 |
| Life insurance companies, general accounts; U.S. direct investment abroad (market value); asset | FA543092073 | -11.9 | 2.7 | -11.7 | -3.4 | 4.5 | -6.1 | -0.7 | -11.1 | -1.6 | 21 |
| Life insurance companies; total miscellaneous assets | FA543090005 | 16.4 | -16.4 | 48.0 | 14.9 | -12.6 | 66.1 | 98.6 | -92.6 | 438.9 | 22 |
| Life insurance companies, general accounts; equity in FHLB; asset | FA543092473 | 0.4 | 0.4 | 0.5 | 0.6 | 0.4 | 0.0 | 1.2 | 0.7 | 3.2 | 23 |
| Life insurance companies, general accounts; deferred and unpaid life insurance premiums; asset | FA543077073 | -0.3 | 1.8 | 1.9 | 1.5 | 5.8 | -2.8 | 3.5 | -0.5 | 10.2 | 24 |
| Life insurance companies; accident and health reserve credit from reinsurers; asset | FA543095105 | -5.3 | 3.9 | 4.5 | 3.3 | 2.3 | 2.3 | 2.8 | 5.9 | -0.1 | 25 |
| Life insurance companies; unidentified miscellaneous assets | FA543093005 | 21.7 | -22.4 | 41.1 | 9.5 | -21.0 | 66.7 | 91.1 | -98.6 | 425.6 | 26 |
| Life insurance companies; total liabilities | FA544190005 | 164.1 | 118.8 | 96.9 | 128.2 | 67.0 | 180.2 | 350.2 | -84.6 | 1028.6 | 27 |
| Life insurance companies, general accounts; security repurchase agreements; liability | FA542151073 | 0.2 | -0.3 | 2.7 | -6.5 | -2.1 | -1.5 | -9.6 | -13.0 | 38.4 | 28 |
| Life insurance companies, general accounts; corporate equities; liability | FA543164173 | -6.3 | -16.2 | -11.9 | -17.0 | -23.4 | -16.6 | -17.1 | -10.7 | -22.5 | 29 |
| Life insurance companies, general accounts; FHLB advances; liability | FA543169373 | 10.1 | 6.5 | 6.4 | 7.5 | 4.1 | 0.1 | 15.7 | 10.2 | 76.0 | 30 |
| Life insurance companies; trade payables to insurers; liability | FA543170005 | 19.6 | 37.5 | 15.2 | 13.6 | 11.9 | 21.8 | 30.8 | -10.2 | 97.8 | 31 |
| Life insurance companies; life insurance reserves; liability | FA543140005 | 81.8 | 43.4 | 43.3 | 31.7 | 19.5 | 32.5 | 75.1 | -0.2 | 123.3 | 32 |
| Life insurance companies; pension entitlements, including reserve credit from reinsurers and excluding unallocated insurance contracts; liability (3) | FA543150005 | -8.5 | -1.0 | 43.2 | 4.9 | -39.9 | 29.1 | 81.4 | -51.1 | 231.3 | 33 |
| Life insurance companies, general accounts; total taxes payable; liability | FA543178075 | 1.0 | 2.0 | -2.9 | 0.4 | 2.7 | -3.7 | -0.8 | 3.6 | 10.1 | 34 |
| Life insurance companies, general accounts; foreign direct investment in U.S. (market value); liability | FA543192073 | 4.8 | 7.0 | 4.1 | 10.0 | 12.8 | 1.7 | 16.8 | 8.7 | -1.6 | 35 |
| Life insurance companies; total miscellaneous liabilities | FA543190005 | 61.2 | 39.7 | -3.1 | 83.6 | 81.5 | 116.8 | 158.0 | -21.9 | 475.7 | 36 |
| Life insurance companies; net transactions due to holding companies; liability | FA543194733 | 1.2 | 2.5 | -11.0 | 1.1 | 1.8 | 1.7 | 1.0 | 0.1 | -23.7 | 37 |
| Issuers of asset-backed securities; funding agreements backing securities; asset (4) | FA673090543 | 6.8 | 12.0 | 3.1 | 6.2 | 13.3 | -1.0 | 4.2 | 8.2 | 23.4 | 38 |
| Life insurance companies; insurance reserves, excluding life insurance reserves and pension entitlements; liability (5) | FA543195005 | 16.0 | 17.6 | 26.3 | 17.9 | 20.1 | 12.1 | 11.5 | 27.9 | 3.5 | 39 |
| Pension funds; unallocated insurance contracts; asset | FA593095005 | 33.8 | 7.8 | -3.3 | 21.4 | 43.5 | 22.0 | 11.2 | 8.9 | -43.2 | 40 |
| Life insurance companies; unidentified miscellaneous liabilities | FA543193005 | 3.4 | -0.2 | -18.2 | 37.0 | 2.8 | 82.1 | 130.1 | -67.1 | 515.7 | 41 |
| Life insurance companies; sector discrepancy | FA547005005 | 7.2 | 1.4 | -41.4 | -6.7 | -55.0 | -69.3 | -30.2 | 127.9 | -169.3 | 42 |
| Life insurance companies, general accounts; securities lending; liability (6) | FA543200073 | -1.6 | 1.2 | -6.4 | 2.1 | 10.5 | -0.2 | 1.0 | -2.8 | 6.5 | 43 |
| Life insurance companies; direct reserve credit; liability | FA543176015 | 100.0 | 60.5 | 69.9 | 74.5 | 43.0 | 81.5 | 180.3 | -6.7 | 366.2 | 44 |
| Life insurance companies; reserve credit reinsured to U.S. reinsurers; liability | FA543176025 | 38.7 | 18.0 | 68.8 | 19.6 | 14.4 | 18.4 | 33.0 | 12.4 | 60.6 | 45 |
| Life insurance companies; reserve credit reinsured to non-U.S. reinsurers; asset | FA543076035 | 17.4 | 36.2 | 81.2 | 15.3 | 12.0 | 14.7 | 25.0 | 9.5 | 58.8 | 46 |
| Life insurance companies; reserve credit reinsured from non-U.S. reinsurers; liability | FA543176035 | 12.2 | 3.4 | 0.3 | 0.9 | 0.7 | 0.9 | 1.5 | 0.5 | 3.7 | 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: June 11, 2020