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 | 2021 Q1 | 2021 Q2 | 2021 Q3 | 2021 Q4 | 2022 Q1 | 2022 Q2 | Line |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Life insurance companies; total financial assets | FL544090005 | 8514.5 | 9420.3 | 9862.8 | 9314.7 | 9657.3 | 9695.9 | 9862.8 | 9405.1 | 8846.1 | 1 |
| Life insurance companies; checkable deposits and currency; asset | FL543020005 | 94.7 | 127.7 | 119.3 | 118.3 | 133.2 | 127.3 | 119.3 | 111.8 | 107.3 | 2 |
| Life insurance companies; money market fund shares; asset | FL543034005 | 58.6 | 66.5 | 64.2 | 63.5 | 69.4 | 67.3 | 64.2 | 61.7 | 73.1 | 3 |
| Life insurance companies, general accounts; security repurchase agreements, including those held by U.S. captive reinsurers; asset | FL542051075 | 6.3 | 8.2 | 9.8 | 7.7 | 8.3 | 9.4 | 9.8 | 9.0 | 7.8 | 4 |
| Life insurance companies; debt securities; asset | LM544022005 | 4022.7 | 4431.1 | 4452.1 | 4247.6 | 4368.4 | 4412.2 | 4452.1 | 4170.6 | 3912.5 | 5 |
| Life insurance companies; commercial paper; asset | FL543069105 | 28.8 | 34.0 | 41.0 | 32.6 | 34.8 | 38.7 | 41.0 | 39.0 | 36.3 | 6 |
| Life insurance companies; Treasury securities; asset | LM543061105 | 215.3 | 240.7 | 231.4 | 227.2 | 234.4 | 237.5 | 231.4 | 213.2 | 201.2 | 7 |
| Life insurance companies; agency- and GSE-backed securities; asset | LM543061705 | 388.4 | 366.4 | 312.3 | 342.5 | 334.4 | 325.8 | 312.3 | 293.5 | 281.1 | 8 |
| Life insurance companies; municipal securities; asset | LM543062005 | 215.0 | 234.2 | 234.9 | 232.0 | 234.9 | 233.3 | 234.9 | 219.4 | 210.8 | 9 |
| Life insurance companies; corporate and foreign bonds; asset | LM543063005 | 3175.3 | 3555.8 | 3632.5 | 3413.3 | 3529.8 | 3576.9 | 3632.5 | 3405.5 | 3183.2 | 10 |
| Life insurance companies; loans; asset | FL544023005 | 780.8 | 808.2 | 858.3 | 811.0 | 822.7 | 839.9 | 858.3 | 874.2 | 888.9 | 11 |
| Life insurance companies; other loans and advances; asset | FL543069005 | 161.7 | 163.5 | 167.4 | 164.2 | 165.1 | 166.9 | 167.4 | 166.1 | 166.0 | 12 |
| Life insurance companies; total mortgages; asset | FL543065005 | 619.2 | 644.7 | 690.9 | 646.8 | 657.6 | 673.0 | 690.9 | 708.1 | 722.9 | 13 |
| Life insurance companies; corporate equities; asset | LM543064105 | 645.4 | 730.6 | 763.4 | 740.0 | 770.9 | 759.2 | 763.4 | 714.7 | 612.1 | 14 |
| Life insurance companies; mutual fund shares; asset | LM543064205 | 1598.1 | 1701.3 | 1842.9 | 1731.5 | 1827.6 | 1785.8 | 1842.9 | 1694.8 | 1444.3 | 15 |
| Life insurance companies; trade receivables from insurers; liability | FL543070005 | 108.0 | 130.4 | 140.5 | 133.0 | 135.5 | 138.0 | 140.5 | 142.2 | 144.9 | 16 |
| Life insurance companies; life insurance reserve credit from reinsurers; asset | FL543040005 | 257.1 | 262.7 | 284.9 | 268.3 | 273.8 | 279.4 | 284.9 | 285.7 | 288.8 | 17 |
| Life insurance companies; pension entitlements reserve credit from reinsurers; asset | FL543050005 | 199.5 | 291.3 | 380.0 | 313.4 | 335.7 | 357.8 | 380.0 | 384.1 | 388.9 | 18 |
| Life insurance companies, general accounts; U.S. direct investment abroad (market value); asset | LM543092073 | 85.3 | 92.4 | 83.0 | 92.2 | 91.9 | 85.9 | 83.0 | 76.7 | 63.8 | 19 |
| Life insurance companies; total miscellaneous assets | FL543090005 | 657.9 | 769.8 | 864.4 | 788.4 | 820.0 | 833.7 | 864.4 | 879.5 | 913.6 | 20 |
| Life insurance companies; balances due from holding company parent; asset | FL543094703 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 21 |
| Life insurance companies, general accounts; equity in FHLB; asset | FL543092473 | 5.2 | 7.8 | 9.1 | 8.5 | 8.7 | 8.7 | 9.1 | 9.6 | 9.1 | 22 |
| Life insurance companies, general accounts; deferred and unpaid life insurance premiums; asset | FL543077073 | 36.5 | 36.6 | 38.1 | 38.7 | 37.9 | 37.9 | 38.1 | 39.8 | 39.0 | 23 |
| Life insurance companies; accident and health reserve credit from reinsurers; asset | FL543095105 | 77.6 | 86.4 | 90.6 | 87.5 | 88.5 | 89.5 | 90.6 | 91.4 | 92.2 | 24 |
| Life insurance companies; unidentified miscellaneous assets | FL543093005 | 538.5 | 639.1 | 726.7 | 653.6 | 684.9 | 697.6 | 726.7 | 738.7 | 773.3 | 25 |
| Life insurance companies; total liabilities | FL544190005 | 7653.7 | 8383.1 | 8888.4 | 8438.7 | 8656.2 | 8715.3 | 8888.4 | 8738.3 | 8445.8 | 26 |
| Life insurance companies, general accounts; security repurchase agreements; liability | FL542151073 | 17.5 | 18.6 | 20.1 | 16.8 | 17.7 | 19.8 | 20.1 | 18.5 | 16.1 | 27 |
| Life insurance companies, general accounts; FHLB advances; liability | FL543169373 | 88.7 | 103.9 | 110.8 | 112.3 | 108.8 | 107.3 | 110.8 | 121.9 | 129.2 | 28 |
| Life insurance companies; trade payables to insurers; liability | FL543170005 | 199.9 | 288.1 | 355.0 | 304.8 | 321.6 | 338.3 | 355.0 | 362.9 | 370.1 | 29 |
| Life insurance companies; life insurance reserves; liability | FL543140005 | 2122.4 | 2248.9 | 2344.0 | 2257.6 | 2301.6 | 2320.7 | 2344.0 | 2322.0 | 2294.9 | 30 |
| Life insurance companies; pension entitlements, including reserve credit from reinsurers and excluding unallocated insurance contracts; liability (2) | FL543150005 | 3503.3 | 3795.6 | 4014.5 | 3808.1 | 3923.5 | 3934.0 | 4014.5 | 3863.4 | 3617.9 | 31 |
| Life insurance companies, general accounts; total taxes payable; liability | FL543178075 | 8.1 | 9.0 | 8.4 | 10.2 | 7.7 | 7.6 | 8.4 | 7.5 | 6.3 | 32 |
| Life insurance companies, general accounts; foreign direct investment in U.S.: intercompany debt; liability (market value) | LM543192375 | 12.8 | 13.1 | 12.1 | 13.0 | 12.3 | 11.9 | 12.1 | 11.8 | 11.8 | 33 |
| Life insurance companies; total miscellaneous liabilities | FL543190005 | 1700.9 | 1905.8 | 2023.6 | 1915.9 | 1963.0 | 1975.7 | 2023.6 | 2030.3 | 1999.4 | 34 |
| Life insurance companies; equity investment by parent holding company; liability | FL543194603 | 5.8 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 35 |
| Life insurance companies; other investment by holding company parent; liability | FL543194703 | 0.2 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 36 |
| Issuers of asset-backed securities; funding agreements backing securities; asset (3) | FL673090543 | 92.3 | 113.2 | 152.7 | 123.9 | 138.8 | 149.5 | 152.7 | 166.8 | 168.9 | 37 |
| Life insurance companies; insurance reserves, excluding life insurance reserves and pension entitlements; liability (4) | FL543195005 | 426.6 | 445.8 | 462.8 | 449.3 | 450.8 | 457.1 | 462.8 | 467.8 | 467.7 | 38 |
| Pension funds; unallocated insurance contracts; asset | FL593095005 | 826.1 | 889.7 | 941.2 | 894.5 | 922.5 | 924.5 | 941.2 | 923.6 | 889.6 | 39 |
| Life insurance companies; unidentified miscellaneous liabilities | FL543193005 | 350.1 | 457.1 | 466.8 | 448.3 | 450.9 | 444.6 | 466.8 | 472.1 | 473.1 | 40 |
| Life insurance companies, general accounts; foreign direct investment in U.S.: equity; liability (market value) | LM543192173 | 198.5 | 265.2 | 313.5 | 274.8 | 301.1 | 292.0 | 313.5 | 288.7 | 238.6 | 41 |
| Life insurance companies, general accounts; securities lending; liability (5) | FL543200073 | 44.7 | 48.1 | 54.5 | 52.3 | 55.4 | 58.3 | 54.5 | 56.8 | 50.3 | 42 |
| Life insurance companies; direct reserve credit; liability | FL543176015 | 6584.4 | 7099.6 | 7477.2 | 7133.8 | 7323.9 | 7356.5 | 7477.2 | 7311.0 | 7010.5 | 43 |
| Life insurance companies; reserve credit reinsured to U.S. reinsurers; liability | FL543176025 | 733.6 | 860.9 | 917.1 | 873.6 | 893.0 | 902.2 | 917.1 | 912.7 | 905.3 | 44 |
| Life insurance companies; reserve credit reinsured to non-U.S. reinsurers; asset | FL543076035 | 460.6 | 549.1 | 689.8 | 584.2 | 619.6 | 654.6 | 689.8 | 694.9 | 702.5 | 45 |
| Life insurance companies; reserve credit reinsured from non-U.S. reinsurers; liability | FL543176035 | 27.0 | 5.4 | 2.3 | 4.6 | 3.9 | 3.1 | 2.3 | 2.3 | 2.4 | 46 |
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 9, 2022