Financial Accounts of the United States - Z.1
F.116.s Life Insurance Companies Separate Accounts
Billions of dollars; quarterly figures are seasonally adjusted annual rates| Description | Series code | 2020 | 2021 | 2022 | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | Line |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Life insurance companies, separate accounts; total financial assets | FA544090085 | -37.1 | -126.3 | -46.1 | -36.4 | -75.3 | 18.4 | -90.9 | -48.2 | 56.5 | 1 |
| Life insurance companies, separate accounts; checkable deposits and currency; asset | FA543020083 | 10.3 | -3.6 | 7 | 8.7 | 5.3 | 9.7 | 4.2 | 9.6 | 7.9 | 2 |
| Life insurance companies, separate accounts; variable annuity money market fund shares; asset | FA543034385 | 5 | -3.4 | 7.9 | 15.2 | 11.3 | 2.6 | 2.4 | -3.2 | 2 | 3 |
| Life insurance companies, separate accounts; debt securities; asset | FA544022085 | 39.8 | 45.3 | 48.5 | 57.4 | 41.6 | 59.1 | 35.9 | 66.8 | 119 | 4 |
| Life insurance companies, separate accounts; commercial paper; asset | FA543069183 | 4.8 | 5 | -9.3 | -9.1 | -10.1 | -8.3 | -9.5 | 2.1 | 1.7 | 5 |
| Life insurance companies, separate accounts; other Treasury securities; asset | FA543061183 | 1.3 | 5.5 | -2.9 | 4.1 | -4.6 | 3 | -14.2 | 5.7 | 12.3 | 6 |
| Life insurance companies, separate accounts; agency- and GSE-backed securities; asset | FA543061783 | 1.3 | -15.6 | 3.8 | 13.8 | -0.6 | 12.3 | -10.4 | 12.9 | 18.5 | 7 |
| Life insurance companies, separate accounts; municipal securities; asset | FA543062083 | 1.4 | 0.7 | 2.3 | 4.9 | 2.3 | 4.1 | -2 | 2.2 | 3.2 | 8 |
| Life insurance companies, separate accounts; corporate and foreign bonds; asset | FA543063085 | 31 | 49.5 | 54.6 | 43.7 | 54.6 | 48.1 | 72.1 | 43.9 | 83.3 | 9 |
| Life insurance companies, separate accounts; loans; asset | FA544023085 | 4.1 | 9.7 | 11.1 | 13.7 | 8.7 | 15.2 | 6.8 | 14.5 | 12 | 10 |
| Life insurance companies, separate accounts; policy loans; asset | FA543069483 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 11 |
| Life insurance companies, separate accounts; total mortgages; asset | FA543065083 | 4.1 | 9.7 | 11.1 | 13.7 | 8.7 | 15.2 | 6.8 | 14.5 | 12 | 12 |
| Life insurance companies, separate accounts; corporate equities | FA543064185 | -13.1 | -92.8 | -4.1 | 9.3 | 17.6 | -7.2 | -35.9 | -23.9 | -24.6 | 13 |
| Life insurance companies, separate accounts; variable annuity mutual fund shares; asset | FA543064385 | -98.8 | -135.5 | -86.9 | -122.9 | -104.3 | -74.2 | -46.2 | -124.4 | -94.8 | 14 |
| Life insurance companies, separate accounts; life insurance reserve credit from reinsurers; asset | FA543040085 | -0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 15 |
| Life insurance companies, separate accounts; pension entitlements reserve credit from reinsurers; asset | FA543050085 | -1.9 | -0.2 | 0 | 0 | 0 | 0 | 0 | -0 | 0 | 16 |
| Life insurance companies, separate accounts; trade receivables from insurers; liability | FA543070085 | 0 | 0.1 | -0.1 | -0.1 | -0.1 | -0.1 | -0 | 0 | 0 | 17 |
| Life insurance companies, separate accounts; total miscellaneous assets | FA543090085 | 17.6 | 54 | -29.5 | -17.8 | -55.4 | 13.3 | -58 | 12.5 | 34.9 | 18 |
| Life insurance companies, separate accounts; total liabilities | FA544190085 | -38.3 | -129.5 | -45.9 | -38.5 | -86.9 | 13.2 | -71.5 | -45 | 62.2 | 19 |
| Life insurance companies, separate accounts; life insurance reserves, including reserve credit from reinsurers; liability | FA543140085 | -6.1 | -26.9 | 34.8 | 40.8 | 24.5 | 38.2 | 35.8 | -11.3 | 12.3 | 20 |
| Life insurance companies, separate accounts; pension entitlements, including reserve credit from reinsurers and excluding unallocated insurance contracts; liability (1) | FA543150085 | -26.5 | -113.1 | -23.6 | -15.8 | -82.6 | 12.7 | -8.8 | -74 | 73.4 | 21 |
| Life insurance companies, separate accounts; trade payables to insurers; liability | FA543170085 | -0.6 | 0 | 0 | 0 | 0 | 0 | 0.1 | 0.1 | -0.1 | 22 |
| Life insurance companies, separate accounts; total miscellaneous liabilities | FA543190085 | -5.2 | 10.5 | -57.1 | -63.4 | -28.8 | -37.7 | -98.5 | 40.2 | -23.5 | 23 |
NOTES
- Annuity reserves held by life insurance companies, excluding unallocated contracts held by pension funds which are included in miscellaneous liabilities (line 23).
Last Update: September 11, 2023