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 | 2018 | 2019 | 2020 | 2019 Q3 | 2019 Q4 | 2020 Q1 | 2020 Q2 | 2020 Q3 | 2020 Q4 | Line |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Life insurance companies; total financial assets | FL544090005 | 7566.4 | 8507.2 | 9337.1 | 8387.4 | 8507.2 | 8290.3 | 8826.4 | 8984.9 | 9337.1 | 1 |
| Life insurance companies; checkable deposits and currency; asset | FL543020005 | 90.7 | 94.7 | 121.6 | 105.8 | 94.7 | 142.4 | 137.6 | 127.1 | 121.6 | 2 |
| Life insurance companies; money market fund shares; asset | FL543034005 | 55.0 | 58.6 | 70.6 | 62.0 | 58.6 | 92.2 | 94.3 | 74.6 | 70.6 | 3 |
| Life insurance companies, general accounts; security repurchase agreements, including those held by U.S. captive reinsurers; asset | FL542051075 | 2.2 | 6.3 | 8.2 | 5.7 | 6.3 | 9.8 | 7.4 | 8.3 | 8.2 | 4 |
| Life insurance companies; debt securities; asset | LM544022005 | 3502.6 | 4018.9 | 4521.0 | 3995.9 | 4018.9 | 3979.3 | 4300.7 | 4403.2 | 4521.0 | 5 |
| Life insurance companies; commercial paper; asset | FL543069105 | 33.1 | 28.8 | 29.1 | 32.2 | 28.8 | 27.5 | 25.2 | 27.5 | 29.1 | 6 |
| Life insurance companies; Treasury securities; asset | LM543061105 | 203.7 | 215.3 | 252.2 | 214.3 | 215.3 | 243.9 | 242.2 | 253.3 | 252.2 | 7 |
| Life insurance companies; agency- and GSE-backed securities; asset | LM543061705 | 364.9 | 388.4 | 393.0 | 391.4 | 388.4 | 407.1 | 391.3 | 392.2 | 393.0 | 8 |
| Life insurance companies; municipal securities; asset | LM543062005 | 190.0 | 215.0 | 220.6 | 210.7 | 215.0 | 212.0 | 216.1 | 217.9 | 220.6 | 9 |
| Life insurance companies; corporate and foreign bonds; asset | LM543063005 | 2710.9 | 3171.4 | 3626.1 | 3147.3 | 3171.4 | 3088.8 | 3425.9 | 3512.3 | 3626.1 | 10 |
| Life insurance companies; loans; asset | FL544023005 | 737.2 | 784.7 | 803.9 | 774.2 | 784.7 | 799.8 | 799.7 | 802.2 | 803.9 | 11 |
| Life insurance companies; other loans and advances; asset | FL543069005 | 169.1 | 165.5 | 165.3 | 168.9 | 165.5 | 171.1 | 168.5 | 167.7 | 165.3 | 12 |
| Life insurance companies; total mortgages; asset | FL543065005 | 568.1 | 619.2 | 638.6 | 605.4 | 619.2 | 628.7 | 631.2 | 634.5 | 638.6 | 13 |
| Life insurance companies; corporate equities; asset | LM543064105 | 538.0 | 644.6 | 731.8 | 610.9 | 644.6 | 552.6 | 614.0 | 642.7 | 731.8 | 14 |
| Life insurance companies; mutual fund shares; asset | LM543064205 | 1402.5 | 1599.0 | 1703.5 | 1533.4 | 1599.0 | 1300.6 | 1487.6 | 1552.3 | 1703.5 | 15 |
| Life insurance companies; trade receivables from insurers; liability | FL543070005 | 101.5 | 108.0 | 124.8 | 110.1 | 108.0 | 124.8 | 122.8 | 122.0 | 124.8 | 16 |
| Life insurance companies; life insurance reserve credit from reinsurers; asset | FL543040005 | 250.4 | 257.1 | 266.5 | 256.4 | 257.1 | 262.3 | 260.8 | 263.4 | 266.5 | 17 |
| Life insurance companies; pension entitlements reserve credit from reinsurers; asset | FL543050005 | 191.4 | 199.5 | 211.0 | 198.2 | 199.5 | 207.8 | 206.8 | 208.9 | 211.0 | 18 |
| Life insurance companies, general accounts; U.S. direct investment abroad (market value); asset | LM543092073 | 65.3 | 87.4 | 88.7 | 78.9 | 87.4 | 67.1 | 77.2 | 78.3 | 88.7 | 19 |
| Life insurance companies; total miscellaneous assets | FL543090005 | 629.8 | 648.5 | 685.4 | 655.8 | 648.5 | 751.6 | 717.6 | 701.8 | 685.4 | 20 |
| Life insurance companies, general accounts; equity in FHLB; asset | FL543092473 | 4.7 | 5.2 | 7.6 | 5.0 | 5.2 | 6.0 | 7.0 | 7.3 | 7.6 | 21 |
| Life insurance companies, general accounts; deferred and unpaid life insurance premiums; asset | FL543077073 | 35.0 | 36.5 | 35.6 | 36.6 | 36.5 | 39.0 | 38.1 | 37.7 | 35.6 | 22 |
| Life insurance companies; accident and health reserve credit from reinsurers; asset | FL543095105 | 74.3 | 77.6 | 79.7 | 76.2 | 77.6 | 77.6 | 78.1 | 79.0 | 79.7 | 23 |
| Life insurance companies; unidentified miscellaneous assets | FL543093005 | 515.8 | 529.2 | 562.5 | 538.0 | 529.2 | 628.9 | 594.3 | 577.9 | 562.5 | 24 |
| Life insurance companies; total liabilities | FL544190005 | 7247.9 | 7824.1 | 8462.8 | 7721.4 | 7824.1 | 7679.4 | 7977.2 | 8134.4 | 8462.8 | 25 |
| Life insurance companies, general accounts; security repurchase agreements; liability | FL542151073 | 24.1 | 17.5 | 29.3 | 20.8 | 17.5 | 27.1 | 25.9 | 30.0 | 29.3 | 26 |
| Life insurance companies, general accounts; FHLB advances; liability | FL543169373 | 81.1 | 88.7 | 103.9 | 86.1 | 88.7 | 107.7 | 108.2 | 103.6 | 103.9 | 27 |
| Life insurance companies; trade payables to insurers; liability | FL543170005 | 186.3 | 199.9 | 227.7 | 201.4 | 199.9 | 222.3 | 222.9 | 222.9 | 227.7 | 28 |
| Life insurance companies; life insurance reserves; liability | FL543140005 | 2035.2 | 2122.4 | 2225.7 | 2106.6 | 2122.4 | 2106.3 | 2134.4 | 2166.9 | 2225.7 | 29 |
| Life insurance companies; pension entitlements, including reserve credit from reinsurers and excluding unallocated insurance contracts; liability (2) | FL543150005 | 3174.2 | 3486.2 | 3799.0 | 3411.1 | 3486.2 | 3279.6 | 3467.6 | 3565.3 | 3799.0 | 30 |
| Life insurance companies, general accounts; total taxes payable; liability | FL543178075 | 7.7 | 8.1 | 5.1 | 7.2 | 8.1 | 10.6 | 11.8 | 8.3 | 5.1 | 31 |
| Life insurance companies, general accounts; foreign direct investment in U.S. (market value); liability | LM543192073 | 152.3 | 182.8 | 210.0 | 178.9 | 182.8 | 148.5 | 176.0 | 185.6 | 210.0 | 32 |
| Life insurance companies; total miscellaneous liabilities | FL543190005 | 1586.9 | 1718.6 | 1861.9 | 1709.3 | 1718.6 | 1777.3 | 1830.4 | 1851.8 | 1861.9 | 33 |
| Life insurance companies; net transactions due to holding companies; liability | FL543194733 | 4.8 | 5.9 | 0.0 | 5.9 | 5.9 | 0.0 | 0.0 | 0.0 | 0.0 | 34 |
| Issuers of asset-backed securities; funding agreements backing securities; asset (3) | FL673090543 | 86.0 | 92.3 | 111.3 | 90.2 | 92.3 | 98.1 | 102.5 | 108.0 | 111.3 | 35 |
| Life insurance companies; insurance reserves, excluding life insurance reserves and pension entitlements; liability (4) | FL543195005 | 408.7 | 426.6 | 445.9 | 419.6 | 426.6 | 427.5 | 432.3 | 438.8 | 445.9 | 36 |
| Pension funds; unallocated insurance contracts; asset | FL593095005 | 789.2 | 843.3 | 877.9 | 830.9 | 843.3 | 805.8 | 833.4 | 849.2 | 877.9 | 37 |
| Life insurance companies; unidentified miscellaneous liabilities | FL543193005 | 298.2 | 350.5 | 426.8 | 362.7 | 350.5 | 445.9 | 462.1 | 455.8 | 426.8 | 38 |
| Life insurance companies, general accounts; securities lending; liability (5) | FL543200073 | 42.6 | 44.7 | 46.7 | 45.4 | 44.7 | 46.4 | 47.0 | 46.8 | 46.7 | 39 |
| Life insurance companies; direct reserve credit; liability | FL543176015 | 6114.9 | 6584.4 | 7063.0 | 6472.3 | 6584.4 | 6338.3 | 6591.6 | 6738.4 | 7063.0 | 40 |
| Life insurance companies; reserve credit reinsured to U.S. reinsurers; liability | FL543176025 | 705.1 | 733.6 | 766.8 | 727.9 | 733.6 | 740.5 | 743.7 | 753.0 | 766.8 | 41 |
| Life insurance companies; reserve credit reinsured to non-U.S. reinsurers; asset | FL543076035 | 444.4 | 460.6 | 482.3 | 457.9 | 460.6 | 474.2 | 472.2 | 477.0 | 482.3 | 42 |
| Life insurance companies; reserve credit reinsured from non-U.S. reinsurers; liability | FL543176035 | 26.0 | 27.0 | 28.3 | 26.8 | 27.0 | 27.9 | 27.7 | 28.0 | 28.3 | 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 11, 2021