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 | 2019 Q1 | 2019 Q2 | 2019 Q3 | 2019 Q4 | 2020 Q1 | 2020 Q2 | Line |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Life insurance companies; total financial assets | FL544090005 | 7747.3 | 7566.4 | 8507.3 | 7937.1 | 8194.8 | 8387.6 | 8507.3 | 8289.4 | 8828.3 | 1 |
| Life insurance companies; checkable deposits and currency; asset | FL543020005 | 91.1 | 90.7 | 94.7 | 89.3 | 96.2 | 105.8 | 94.7 | 142.4 | 137.6 | 2 |
| Life insurance companies; money market fund shares; asset | FL543034005 | 48.2 | 55.0 | 58.6 | 52.0 | 56.6 | 62.0 | 58.6 | 92.2 | 93.8 | 3 |
| Life insurance companies, general accounts; security repurchase agreements, including those held by U.S. captive reinsurers; asset | FL542051075 | 2.0 | 2.2 | 6.3 | 3.3 | 4.7 | 5.7 | 6.3 | 9.8 | 7.5 | 4 |
| Life insurance companies; debt securities; asset | LM544022005 | 3585.8 | 3502.6 | 4018.9 | 3685.2 | 3859.4 | 3995.9 | 4018.9 | 3979.3 | 4301.1 | 5 |
| Life insurance companies; commercial paper; asset | FL543069105 | 38.1 | 33.1 | 28.8 | 33.4 | 33.8 | 32.2 | 28.8 | 27.5 | 25.8 | 6 |
| Life insurance companies; Treasury securities; asset | LM543061105 | 228.3 | 203.7 | 215.3 | 203.6 | 206.4 | 214.3 | 215.3 | 243.9 | 242.0 | 7 |
| Life insurance companies; agency- and GSE-backed securities; asset | LM543061705 | 386.6 | 364.9 | 388.4 | 375.4 | 384.6 | 391.4 | 388.4 | 407.1 | 391.3 | 8 |
| Life insurance companies; municipal securities; asset | LM543062005 | 197.8 | 190.0 | 215.0 | 198.4 | 204.8 | 210.7 | 215.0 | 212.0 | 216.1 | 9 |
| Life insurance companies; corporate and foreign bonds; asset | LM543063005 | 2735.0 | 2710.9 | 3171.4 | 2874.4 | 3029.8 | 3147.3 | 3171.4 | 3088.8 | 3425.9 | 10 |
| Life insurance companies; loans; asset | FL544023005 | 675.7 | 737.2 | 784.7 | 750.3 | 757.4 | 774.2 | 784.7 | 799.8 | 799.7 | 11 |
| Life insurance companies; other loans and advances; asset | FL543069005 | 169.0 | 169.1 | 165.5 | 168.7 | 167.0 | 168.9 | 165.5 | 171.1 | 168.5 | 12 |
| Life insurance companies; total mortgages; asset | FL543065005 | 506.7 | 568.1 | 619.2 | 581.6 | 590.4 | 605.4 | 619.2 | 628.7 | 631.2 | 13 |
| Life insurance companies; corporate equities; asset | LM543064105 | 622.8 | 537.8 | 644.2 | 586.7 | 605.8 | 610.6 | 644.2 | 545.6 | 606.1 | 14 |
| Life insurance companies; mutual fund shares; asset | LM543064205 | 1572.3 | 1402.7 | 1599.4 | 1527.6 | 1551.1 | 1533.7 | 1599.4 | 1307.5 | 1495.5 | 15 |
| Life insurance companies; trade receivables from insurers; liability | FL543070005 | 102.2 | 101.5 | 107.9 | 104.4 | 107.8 | 112.8 | 107.9 | 126.8 | 125.1 | 16 |
| Life insurance companies; life insurance reserve credit from reinsurers; asset | FL543040005 | 286.6 | 250.4 | 257.1 | 251.7 | 253.3 | 256.4 | 257.1 | 262.3 | 260.8 | 17 |
| Life insurance companies; pension entitlements reserve credit from reinsurers; asset | FL543050005 | 91.4 | 191.4 | 199.5 | 193.2 | 195.2 | 198.2 | 199.5 | 207.8 | 206.8 | 18 |
| Life insurance companies, general accounts; U.S. direct investment abroad (market value); asset | LM543092073 | 87.9 | 65.3 | 87.4 | 79.2 | 77.5 | 78.9 | 87.4 | 67.2 | 76.6 | 19 |
| Life insurance companies; total miscellaneous assets | FL543090005 | 581.3 | 629.8 | 648.6 | 614.4 | 629.8 | 653.3 | 648.6 | 748.6 | 717.8 | 20 |
| Life insurance companies, general accounts; equity in FHLB; asset | FL543092473 | 4.2 | 4.7 | 5.2 | 4.7 | 4.7 | 5.0 | 5.2 | 6.0 | 5.4 | 21 |
| Life insurance companies, general accounts; deferred and unpaid life insurance premiums; asset | FL543077073 | 33.1 | 35.0 | 36.5 | 36.4 | 35.7 | 36.6 | 36.5 | 39.0 | 38.1 | 22 |
| Life insurance companies; accident and health reserve credit from reinsurers; asset | FL543095105 | 69.8 | 74.3 | 77.6 | 74.9 | 75.5 | 76.2 | 77.6 | 77.6 | 78.1 | 23 |
| Life insurance companies; unidentified miscellaneous assets | FL543093005 | 474.2 | 515.8 | 529.3 | 498.3 | 513.8 | 535.5 | 529.3 | 625.9 | 596.2 | 24 |
| Life insurance companies; total liabilities | FL544190005 | 7295.1 | 7251.2 | 7827.2 | 7493.2 | 7623.0 | 7724.7 | 7827.2 | 7683.0 | 7979.9 | 25 |
| Life insurance companies, general accounts; security repurchase agreements; liability | FL542151073 | 21.4 | 24.1 | 17.5 | 23.5 | 23.2 | 20.8 | 17.5 | 27.1 | 25.9 | 26 |
| Life insurance companies, general accounts; FHLB advances; liability | FL543169373 | 74.8 | 81.1 | 88.7 | 82.2 | 82.2 | 86.1 | 88.7 | 107.7 | 108.2 | 27 |
| Life insurance companies; trade payables to insurers; liability | FL543170005 | 171.2 | 186.3 | 200.0 | 190.9 | 196.3 | 204.1 | 200.0 | 223.0 | 226.9 | 28 |
| Life insurance companies; life insurance reserves; liability | FL543140005 | 2008.8 | 2035.2 | 2122.4 | 2067.9 | 2085.9 | 2106.6 | 2122.4 | 2106.3 | 2134.4 | 29 |
| Life insurance companies; pension entitlements, including reserve credit from reinsurers and excluding unallocated insurance contracts; liability (2) | FL543150005 | 3222.9 | 3174.8 | 3486.5 | 3315.3 | 3378.7 | 3411.4 | 3486.5 | 3295.8 | 3468.5 | 30 |
| Life insurance companies, general accounts; total taxes payable; liability | FL543178075 | 10.9 | 8.0 | 8.4 | 8.7 | 7.7 | 7.5 | 8.4 | 10.9 | 12.1 | 31 |
| Life insurance companies, general accounts; foreign direct investment in U.S. (market value); liability | LM543192073 | 177.4 | 152.3 | 182.8 | 170.5 | 179.5 | 178.9 | 182.8 | 148.6 | 175.9 | 32 |
| Life insurance companies; total miscellaneous liabilities | FL543190005 | 1607.7 | 1589.3 | 1721.0 | 1634.2 | 1669.6 | 1709.3 | 1721.0 | 1763.6 | 1828.0 | 33 |
| Life insurance companies; net transactions due to holding companies; liability | FL543194733 | 15.8 | 4.8 | 5.9 | 5.2 | 5.7 | 5.9 | 5.9 | 0.0 | 0.0 | 34 |
| Issuers of asset-backed securities; funding agreements backing securities; asset (3) | FL673090543 | 69.6 | 74.1 | 79.1 | 77.5 | 76.7 | 77.8 | 79.1 | 83.6 | 86.8 | 35 |
| Life insurance companies; insurance reserves, excluding life insurance reserves and pension entitlements; liability (4) | FL543195005 | 382.4 | 408.7 | 426.6 | 413.7 | 416.7 | 419.6 | 426.6 | 427.5 | 432.3 | 36 |
| Pension funds; unallocated insurance contracts; asset | FL593095005 | 805.3 | 789.3 | 843.5 | 819.3 | 829.2 | 831.0 | 843.5 | 790.0 | 832.0 | 37 |
| Life insurance companies; unidentified miscellaneous liabilities | FL543193005 | 334.7 | 312.4 | 365.9 | 318.5 | 341.3 | 375.0 | 365.9 | 462.5 | 476.8 | 38 |
| Life insurance companies, general accounts; securities lending; liability (5) | FL543200073 | 49.0 | 42.6 | 44.7 | 45.2 | 45.2 | 45.4 | 44.7 | 46.4 | 47.0 | 39 |
| Life insurance companies; direct reserve credit; liability | FL543176015 | 6165.0 | 6114.9 | 6584.4 | 6322.9 | 6413.5 | 6472.3 | 6584.4 | 6338.3 | 6591.6 | 40 |
| Life insurance companies; reserve credit reinsured to U.S. reinsurers; liability | FL543176025 | 639.0 | 705.1 | 733.6 | 713.1 | 719.3 | 727.9 | 733.6 | 740.5 | 743.7 | 41 |
| Life insurance companies; reserve credit reinsured to non-U.S. reinsurers; asset | FL543076035 | 363.5 | 444.4 | 460.6 | 447.8 | 451.7 | 457.9 | 460.6 | 474.2 | 472.2 | 42 |
| Life insurance companies; reserve credit reinsured from non-U.S. reinsurers; liability | FL543176035 | 25.7 | 26.0 | 27.0 | 26.2 | 26.4 | 26.8 | 27.0 | 27.9 | 27.7 | 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 21, 2020