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 | 2019 | 2020 | 2021 | 2020 Q3 | 2020 Q4 | 2021 Q1 | 2021 Q2 | 2021 Q3 | 2021 Q4 | Line |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Life insurance companies; total financial assets | FL544090005 | 8514.5 | 9420.3 | 9785.1 | 9031.5 | 9420.3 | 9264.8 | 9570.7 | 9570.8 | 9785.1 | 1 |
| Life insurance companies; checkable deposits and currency; asset | FL543020005 | 94.7 | 127.7 | 141.4 | 132.1 | 127.7 | 121.3 | 140.2 | 138.4 | 141.4 | 2 |
| Life insurance companies; money market fund shares; asset | FL543034005 | 58.6 | 66.5 | 63.0 | 73.0 | 66.5 | 62.5 | 66.7 | 62.3 | 63.0 | 3 |
| Life insurance companies, general accounts; security repurchase agreements, including those held by U.S. captive reinsurers; asset | FL542051075 | 6.3 | 8.2 | 8.4 | 10.6 | 8.2 | 7.0 | 7.1 | 7.8 | 8.4 | 4 |
| Life insurance companies; debt securities; asset | LM544022005 | 4023.0 | 4431.5 | 4354.3 | 4345.0 | 4431.5 | 4221.9 | 4333.3 | 4368.9 | 4354.3 | 5 |
| Life insurance companies; commercial paper; asset | FL543069105 | 28.8 | 34.0 | 27.9 | 40.4 | 34.0 | 31.1 | 31.8 | 33.8 | 27.9 | 6 |
| Life insurance companies; Treasury securities; asset | LM543061105 | 215.3 | 240.7 | 236.8 | 242.6 | 240.7 | 225.4 | 233.4 | 237.3 | 236.8 | 7 |
| Life insurance companies; agency- and GSE-backed securities; asset | LM543061705 | 388.4 | 366.4 | 343.2 | 377.4 | 366.4 | 348.9 | 348.2 | 347.7 | 343.2 | 8 |
| Life insurance companies; municipal securities; asset | LM543062005 | 215.0 | 234.2 | 232.6 | 227.4 | 234.2 | 231.6 | 234.1 | 232.2 | 232.6 | 9 |
| Life insurance companies; corporate and foreign bonds; asset | LM543063005 | 3175.5 | 3556.2 | 3513.8 | 3457.2 | 3556.2 | 3385.0 | 3485.8 | 3517.9 | 3513.8 | 10 |
| Life insurance companies; loans; asset | FL544023005 | 780.6 | 807.8 | 847.2 | 796.4 | 807.8 | 809.8 | 820.2 | 836.0 | 847.2 | 11 |
| Life insurance companies; other loans and advances; asset | FL543069005 | 161.4 | 163.1 | 167.7 | 163.9 | 163.1 | 163.8 | 164.7 | 166.4 | 167.7 | 12 |
| Life insurance companies; total mortgages; asset | FL543065005 | 619.2 | 644.7 | 679.5 | 632.6 | 644.7 | 646.0 | 655.5 | 669.6 | 679.5 | 13 |
| Life insurance companies; corporate equities; asset | LM543064105 | 645.4 | 730.6 | 838.8 | 659.4 | 730.6 | 751.4 | 775.6 | 773.4 | 838.8 | 14 |
| Life insurance companies; mutual fund shares; asset | LM543064205 | 1598.1 | 1701.3 | 1843.0 | 1550.8 | 1701.3 | 1731.6 | 1827.8 | 1786.2 | 1843.0 | 15 |
| Life insurance companies; trade receivables from insurers; liability | FL543070005 | 108.0 | 130.4 | 135.2 | 124.8 | 130.4 | 130.8 | 134.3 | 133.9 | 135.2 | 16 |
| Life insurance companies; life insurance reserve credit from reinsurers; asset | FL543040005 | 257.1 | 262.7 | 270.3 | 261.3 | 262.7 | 260.6 | 264.1 | 266.6 | 270.3 | 17 |
| Life insurance companies; pension entitlements reserve credit from reinsurers; asset | FL543050005 | 199.5 | 291.3 | 303.7 | 268.3 | 291.3 | 292.3 | 297.2 | 300.8 | 303.7 | 18 |
| Life insurance companies, general accounts; U.S. direct investment abroad (market value); asset | LM543092073 | 84.4 | 89.8 | 100.8 | 76.6 | 89.8 | 94.7 | 100.8 | 98.5 | 100.8 | 19 |
| Life insurance companies; total miscellaneous assets | FL543090005 | 658.8 | 772.4 | 879.2 | 733.2 | 772.4 | 780.9 | 803.5 | 797.9 | 879.2 | 20 |
| Life insurance companies, general accounts; equity in FHLB; asset | FL543092473 | 5.2 | 7.8 | 9.0 | 7.3 | 7.8 | 8.5 | 8.7 | 8.7 | 9.0 | 21 |
| Life insurance companies, general accounts; deferred and unpaid life insurance premiums; asset | FL543077073 | 36.5 | 36.6 | 36.7 | 37.7 | 36.6 | 38.7 | 37.9 | 37.9 | 36.7 | 22 |
| Life insurance companies; accident and health reserve credit from reinsurers; asset | FL543095105 | 77.6 | 86.4 | 89.0 | 84.2 | 86.4 | 86.3 | 86.8 | 87.6 | 89.0 | 23 |
| Life insurance companies; unidentified miscellaneous assets | FL543093005 | 539.4 | 641.6 | 744.4 | 604.0 | 641.6 | 647.3 | 670.2 | 663.7 | 744.4 | 24 |
| Life insurance companies; total liabilities | FL544190005 | 7653.7 | 8383.1 | 8864.8 | 8031.5 | 8383.1 | 8406.4 | 8606.8 | 8646.1 | 8864.8 | 25 |
| Life insurance companies, general accounts; security repurchase agreements; liability | FL542151073 | 17.5 | 18.6 | 19.0 | 25.5 | 18.6 | 15.2 | 15.4 | 16.9 | 19.0 | 26 |
| Life insurance companies, general accounts; FHLB advances; liability | FL543169373 | 88.7 | 103.9 | 104.5 | 103.6 | 103.9 | 112.3 | 108.8 | 107.3 | 104.5 | 27 |
| Life insurance companies; trade payables to insurers; liability | FL543170005 | 199.9 | 288.1 | 303.7 | 266.1 | 288.1 | 290.2 | 296.7 | 299.3 | 303.7 | 28 |
| Life insurance companies; life insurance reserves; liability | FL543140005 | 2122.4 | 2248.9 | 2333.6 | 2195.6 | 2248.9 | 2237.6 | 2278.7 | 2293.5 | 2333.6 | 29 |
| Life insurance companies; pension entitlements, including reserve credit from reinsurers and excluding unallocated insurance contracts; liability (2) | FL543150005 | 3483.3 | 3804.8 | 4097.8 | 3581.7 | 3804.8 | 3813.7 | 3928.2 | 3934.5 | 4097.8 | 30 |
| Life insurance companies, general accounts; total taxes payable; liability | FL543178075 | 8.1 | 9.0 | 8.4 | 8.3 | 9.0 | 10.2 | 7.7 | 7.6 | 8.4 | 31 |
| Life insurance companies, general accounts; foreign direct investment in U.S.: intercompany debt; liability (market value) | LM543192375 | 12.4 | 13.2 | 9.0 | 11.4 | 13.2 | 12.2 | 11.6 | 11.4 | 9.0 | 32 |
| Life insurance companies; total miscellaneous liabilities | FL543190005 | 1721.4 | 1896.6 | 1988.8 | 1839.4 | 1896.6 | 1914.9 | 1959.8 | 1975.6 | 1988.8 | 33 |
| Life insurance companies; net transactions due to holding companies; liability | FL543194733 | 5.9 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 34 |
| Issuers of asset-backed securities; funding agreements backing securities; asset (3) | FL673090543 | 92.3 | 113.2 | 152.7 | 109.0 | 113.2 | 123.9 | 138.8 | 149.5 | 152.7 | 35 |
| Life insurance companies; insurance reserves, excluding life insurance reserves and pension entitlements; liability (4) | FL543195005 | 426.6 | 445.8 | 461.4 | 442.1 | 445.8 | 448.6 | 449.7 | 456.1 | 461.4 | 36 |
| Pension funds; unallocated insurance contracts; asset | FL593095005 | 846.2 | 880.6 | 914.4 | 855.8 | 880.6 | 881.7 | 901.2 | 896.1 | 914.4 | 37 |
| Life insurance companies; unidentified miscellaneous liabilities | FL543193005 | 350.5 | 457.0 | 460.2 | 432.6 | 457.0 | 460.8 | 470.1 | 473.8 | 460.2 | 38 |
| Life insurance companies, general accounts; foreign direct investment in U.S.: equity; liability (market value) | LM543192173 | 184.5 | 244.7 | 294.0 | 185.8 | 244.7 | 250.4 | 276.9 | 275.4 | 294.0 | 39 |
| Life insurance companies, general accounts; securities lending; liability (5) | FL543200073 | 44.7 | 48.1 | 61.6 | 46.8 | 48.1 | 52.3 | 55.4 | 58.3 | 61.6 | 40 |
| Life insurance companies; direct reserve credit; liability | FL543176015 | 6584.4 | 7099.6 | 7547.3 | 6797.2 | 7099.6 | 7117.8 | 7301.0 | 7325.0 | 7547.3 | 41 |
| Life insurance companies; reserve credit reinsured to U.S. reinsurers; liability | FL543176025 | 733.6 | 860.9 | 898.2 | 829.1 | 860.9 | 859.1 | 874.3 | 880.8 | 898.2 | 42 |
| Life insurance companies; reserve credit reinsured to non-U.S. reinsurers; asset | FL543076035 | 460.6 | 549.1 | 569.4 | 526.9 | 549.1 | 548.4 | 556.5 | 562.6 | 569.4 | 43 |
| Life insurance companies; reserve credit reinsured from non-U.S. reinsurers; liability | FL543176035 | 27.0 | 5.4 | 5.6 | 10.8 | 5.4 | 5.4 | 5.5 | 5.6 | 5.6 | 44 |
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 10, 2022