S.63.a Insurance Companies
Billions of dollars
Description Series code 2016 2017 2018 2019 2020 2021 2022 2023 Line
Insurance companies; gross value added (IMA) FA526902505 413.8 382.3 402.6 441.3 427 413.8 430.9 ND 1
Insurance companies; consumption of fixed capital, nonresidential structures, equipment, and intellectual property products, including noncorporate financial, current cost basis (IMA) FA526330081 33.2 35.1 36.9 39.7 43.5 48.7 55.9 0 2
Insurance companies; net value added (IMA) FA526902605 380.6 347.2 365.6 401.6 383.5 365 375 ND 3
Insurance companies; compensation of employees paid (IMA) FA526025005 143.4 150.4 155.5 163 172.6 170.8 181.2 ND 4
Insurance companies; wages and salaries paid (IMA) FA526020001 121.2 127.3 131.5 139 148.6 146.9 155.8 ND 5
Insurance companies; employers' social contributions paid (IMA) FA526401001 22.2 23.1 24 24 23.9 23.9 25.3 ND 6
Insurance companies; taxes on production and imports less subsidies, payable (IMA) FA526240101 38.6 29.3 44.5 32.8 48.7 35.6 39.5 ND 7
Insurance companies; operating surplus, net (IMA) FA526402101 198.6 167.6 165.6 205.8 162.2 158.6 154.4 ND 8
Insurance companies; net national income/balance of primary incomes, net (IMA) FA526140005 102.3 83.5 92.3 164.2 81.1 43.2 46.3 ND 9
Insurance companies; operating surplus, net (IMA) FA526402101 198.6 167.6 165.6 205.8 162.2 158.6 154.4 ND 10
Insurance companies; property income (received) (IMA) FA526150105 260.4 279.6 301.5 323.4 275 226 261.5 ND 11
Insurance companies; interest received (IMA) FA526130101 244.2 256.3 257.8 280.9 239.8 198.7 236.5 ND 12
Insurance companies; dividends received (IMA) FA526121101 17.9 18.2 48.3 36.5 21.5 12.7 13.8 ND 13
Insurance companies; reinvested earnings on U.S. direct investment abroad; received (IMA) FA523092281 -1.6 5.1 -4.6 6 13.7 14.5 11.2 ND 14
Insurance companies; uses of property income (paid) (IMA) FA526150005 356.8 363.7 374.8 365 356.1 341.3 369.5 ND 15
Insurance companies; interest paid (IMA) FA526130001 329.4 331.4 340 339.2 335.6 324.2 347.9 ND 16
Insurance companies; distributed income of corporations, paid (IMA) FA526120005 22.6 32 27 23.4 20.3 13.3 5.8 ND 17
Insurance companies; dividends paid (IMA) FA526121001 18.6 28.7 23.6 20.8 18.8 11.2 3.9 ND 18
Insurance companies; withdrawals from income of quasi-corporations, paid (IMA) (1) FA526122001 3.9 3.3 3.4 2.6 1.4 2 1.9 ND 19
Insurance companies; reinvested earnings on foreign direct investment in U.S.; paid (IMA) FA523192281 4.8 0.2 7.8 2.4 0.2 3.9 15.8 ND 20
Insurance companies; rents on land and natural resources paid (IMA) FA526112001 0 0 0 0 0 0 0 ND 21
Insurance companies; net national income/balance of primary incomes, net (IMA) FA526140005 102.3 83.5 92.3 164.2 81.1 43.2 46.3 ND 22
Insurance companies; current taxes on income, wealth, etc. paid (IMA) FA526220001 38.1 25.7 29.5 29 27.2 25.7 4.2 ND 23
Insurance companies; other current transfers paid (IMA) FA526403001 25.7 -19.4 -11.1 18.5 -10.7 -18.8 -8.4 ND 24
Insurance companies; disposable income, net; net saving including foreign earnings retained abroad and CCAdj (IMA) FA526012005 38.5 77.2 73.8 116.7 64.6 36.4 50.5 ND 25
Insurance companies; disposable income, net; net saving including foreign earnings retained abroad and CCAdj (IMA) FA526012005 38.5 77.2 73.8 116.7 64.6 36.4 50.5 ND 26
Insurance companies; net saving including foreign earnings retained abroad and CCAdj less net capital transfers paid FA526006385 38.5 20.7 56.9 116.7 64.6 13.7 26 ND 27
Insurance companies; disposable income, net; net saving including foreign earnings retained abroad and CCAdj (IMA) FA526012005 38.5 77.2 73.8 116.7 64.6 36.4 50.5 ND 28
Insurance companies; net capital transfers paid, including financial stabilization payments (IMA) FA525440083 0 56.5 16.9 0 0 22.7 24.5 ND 29
Insurance companies; capital formation, net (IMA) FA525015085 7.5 7.4 7.2 7.6 14 15.5 16 ND 30
Insurance companies; gross fixed capital formation (IMA) FA525013081 40.7 42.5 44.1 47.3 57.5 64.2 71.9 ND 31
Insurance companies; consumption of fixed capital, nonresidential structures, equipment, and intellectual property products, including noncorporate financial, current cost basis (IMA) FA526330081 33.2 35.1 36.9 39.7 43.5 48.7 55.9 0 32
Insurance companies; net lending (+) or borrowing (-) (capital account) (IMA) FA525000995 30.9 13.2 49.8 109.1 50.6 -1.8 10 ND 33
Insurance companies; net lending (+) or borrowing (-) (capital account) (IMA) FA525000995 30.9 13.2 49.8 109.1 50.6 -1.8 10 ND 34
Insurance companies; total financial assets FA524090005 237.5 201.9 248.4 249.4 475.9 278.3 596.2 361.1 35
Insurance companies; checkable deposits and currency; asset FA523020005 -14.9 22.3 -2.2 21.6 36 14 -26.2 -0 36
Insurance companies; debt securities; asset FA524022005 194.9 119.2 134.4 156.2 226.2 247.7 272 264.2 37
Insurance companies; commercial paper; asset FA523069105 13.4 -17.6 -7.2 -4 4.4 2.7 -16.2 7.3 38
Insurance companies; Treasury securities; asset FA523061105 32.5 33.4 -21.8 -13.6 7.1 29 32.1 74 39
Insurance companies; agency- and GSE-backed securities; asset (2) FA523061705 16.3 12.8 21.7 4.8 -19.3 -53.3 -4.5 46 40
Insurance companies; municipal securities; asset FA523062005 11.1 -3.4 -41.6 -5.6 -1 -0 -2.7 -34.3 41
Insurance companies; corporate and foreign bonds; asset FA523063005 121.6 94.1 183.3 174.7 235 269.3 263.3 171.2 42
Insurance companies; total loans including security repurchase agreements; asset FA524035005 35.1 44.9 66.2 56.2 26.7 54 66.1 56.3 43
Insurance companies; short-term loans including security repurchase agreements; asset FA524041005 -3.5 0.6 -1.1 4.2 3.3 5.7 -3.8 5.2 44
Insurance companies; long-term loans; asset FA524042005 38.6 44.3 67.3 52.1 23.4 48.3 69.9 51.1 45
Insurance companies; equity and investment fund shares; asset (IMA) FA523081005 -94.2 -57.2 -106.9 -79 -82.4 -203 -19.3 -133.4 46
Insurance companies; corporate equities; asset FA523064105 -24.2 4.3 -24.2 -4.4 -22.7 -75.7 35.3 -60.8 47
Insurance companies; mutual fund shares; asset FA523064205 -48.1 -74.9 -88.8 -87.3 -100.3 -139.9 -88.8 -108.3 48
Insurance companies; money market fund shares; asset FA523034005 -20.6 7.8 9.4 6.3 17.8 -5.4 21.7 -2.9 49
Insurance companies; equity in FHLB; asset (2) FA523092405 0.4 0.4 0.5 0.6 3.1 1.1 -1.3 5.7 50
Insurance companies; U.S. direct investment abroad: equity; asset (market value) FA523092105 -1.7 5.2 -3.8 5.8 19.7 17 13.8 32.9 51
Insurance companies; insurance, pension and standardized guarantee schemes; asset (IMA) FA523052005 55.2 84.9 79.1 29.7 109.9 143.7 119.3 65.3 52
Insurance companies; other accounts receivable; asset (IMA) FA523096005 61.4 -12.2 77.7 64.7 159.5 21.8 184.4 108.7 53
Insurance companies; total liabilities and equity FA524194005 244.4 212.7 136 210.3 487.7 283.1 351.5 447.1 54
Issuers of asset-backed securities; funding agreements backing securities; asset FA673090543 6.7 12 3.1 6 23.2 40.5 18.3 9.8 55
Insurance companies; total loans including security repurchase agreements; liability FA524135005 13.7 4.7 2.3 2.5 21.8 3.7 31.7 13.8 56
Insurance companies; short-term loans including security repurchase agreements; liability FA524141005 10.2 6.4 9.4 1.4 23.1 5.3 36.2 12.4 57
Insurance companies; foreign direct investment in U.S.: intercompany debt; liability (market value) FA523192305 3.4 -1.7 -7.1 1.1 -1.3 -1.6 -4.6 1.4 58
Insurance companies; equity and investment fund shares excluding mutual fund shares and money market fund shares; liability (IMA) FA523181105 4.3 -25.5 -12.8 -17.5 -24.8 -26.1 -25 -17.8 59
Insurance companies; corporate equities; liability FA523164105 -24.9 -28.8 -21.7 -23.4 -18.1 -34.3 -46.8 -36.9 60
Insurance companies; foreign direct investment in U.S.: equity; liability (market value) FA523192105 29.7 0.8 19.1 5.2 0.5 7.1 20.9 19.1 61
Insurance companies; equity investment by holding companies; liability FA523194605 -0.4 2.5 -10.1 0.7 -7.2 1.1 0.9 0.1 62
Insurance companies; insurance, pension and standardized guarantee schemes; liability (IMA) FA523152005 169.9 146.6 155.2 122.7 256.9 152.5 314.3 298.2 63
Insurance companies; other accounts payable; liability FA523196005 49.9 74.9 -11.9 96.6 210.7 112.5 12.2 143.2 64
Insurance companies; net lending (+) or borrowing (-) (financial account) FA525000005 -6.9 -10.8 112.4 39.1 -11.8 -4.8 244.7 -86 65
Insurance companies; total other volume changes (IMA) FV528090185 -17.2 -91.6 89 -102.8 -97.8 -14 336 ND 66
Insurance companies; nonfinancial assets (does not include land) FV522010095 0 0 0 0 0 0 0 ND 67
Insurance companies; other volume changes (IMA) FV528090085 20.6 -67.5 26.4 -32.8 -35.4 -10.9 101.3 ND 68
Insurance companies; statistical discrepancy (IMA) (3) FU527005045 37.8 24.1 -62.6 70 62.4 3 -234.7 ND 69
Insurance companies; nonfinancial assets (does not include land) FR522010095 1.4 4.2 8 5.6 3.5 34.3 43.4 7.4 70
Insurance companies; nonresidential structures, current cost basis FR525013665 2.3 4.1 8.3 6.5 2.8 31.2 37.4 4.6 71
Insurance companies; nonresidential equipment, current cost basis FR525013265 -0.5 0.2 0.5 -0.2 0.4 3.2 3.8 2.1 72
Insurance companies; nonresidential intellectual property products, current cost basis FR525013765 -0.4 -0.2 -0.7 -0.7 0.3 -0.2 2.3 0.8 73
Insurance companies; revaluation on debt securities and equity and investment fund shares; asset (IMA) FR524090085 173.3 477.1 -409.6 995.2 611.2 394.4 -1736.7 738.8 74
Insurance companies; debt securities; asset FR524022005 28.4 104.4 -200 448.3 253 -174.9 -1014.7 226.7 75
Insurance companies; U.S. direct investment abroad: intercompany debt; asset (market value) FR523092305 -0.5 0.3 -0 -1 -0.3 -0.5 1.8 -0.7 76
Insurance companies; corporate equities; asset FR523064105 52.8 125.8 -81.4 215.9 135 240.3 -296.8 239.3 77
Insurance companies; mutual fund shares; asset FR523064205 91.1 210.7 -84.4 286.6 204.1 284.1 -335.3 233.6 78
Insurance companies; U.S. direct investment abroad: equity; asset (market value) FR523092105 1.5 35.8 -43.8 45.4 19.4 45.4 -91.8 39.9 79
Insurance companies; revaluation of equity and investment fund shares and insurance, pension and standardized guarantee schemes; liability (IMA) FR524190085 233.8 513 -208.1 620.3 323.6 683 -654 572.2 80
Insurance companies; foreign direct investment in U.S.: intercompany debt; liability (market value) FR523192305 -2.3 0.9 0.6 -0.5 -0.4 -0.6 -0 -0.1 81
Insurance companies; corporate equities; liability FR523164105 111.6 180.4 -45.4 131.4 -52.2 244.7 58.6 168.3 82
Insurance companies; foreign direct investment in U.S.: equity; liability (market value) FR523192105 10.3 39.5 -41.4 88 74.4 94.4 -190.6 86.6 83
Insurance companies; equity investment by holding companies; liability FR523194605 0 0 0 0 0 0 0 0 84
Insurance companies; insurance, pension and standardized guarantee schemes; liability (IMA) FR523152005 114.3 292.2 -121.9 401.5 301.8 344.6 -522 317.5 85
Insurance companies; changes in net worth due to nominal holding gains/losses (IMA) FR528200005 -59.2 -31.7 -193.5 380.5 291.1 -254.3 -1039.3 174 86
Insurance companies; net worth (IMA) FC522090095 -37.9 -102.6 -47.6 394.4 257.9 -254.6 -677.3 75.1 87
Insurance companies and pension funds; total assets (does not include land) FL522000095 9915.9 10606.3 10460.9 11720.9 12827.8 13550.9 12470.3 13595.1 88
Insurance companies; nonfinancial assets (does not include land) (4) LM522010095 272.4 283.8 299.8 314.6 334.3 384.5 444.6 469.4 89
Insurance companies; nonresidential structures, current cost basis LM525013665 163.2 167.2 174.8 180.5 184.4 215.2 251.1 254.6 90
Insurance companies; nonresidential equipment, current cost basis LM525013265 52.1 55.8 59.7 61.6 66.5 73.6 81.4 87.3 91
Insurance companies; nonresidential intellectual property products, current cost basis LM525013765 57.1 60.8 65.3 72.5 83.3 95.7 112.1 127.5 92
Insurance companies; total financial assets FL524090005 9643.5 10322.5 10161.1 11406.2 12493.5 13166.4 12025.6 13125.7 93
Insurance companies; checkable deposits and currency; asset FL523020005 103.1 125.4 123.3 144.9 180.8 194.8 168.6 168.6 94
Insurance companies; debt securities; asset LM524022005 4574.8 4798.4 4732.8 5337.3 5816.5 5889.3 5146.6 5637.5 95
Insurance companies; commercial paper; asset FL523069105 68.1 50.4 43.2 39.2 43.6 46.3 30.1 37.4 96
Insurance companies; Treasury securities; asset LM523061105 340.3 384.4 366.2 374.8 404.1 425 396 477.2 97
Insurance companies; agency- and GSE-backed securities; asset (2) LM523061705 491.1 512.7 502 548.9 520.4 455.9 394.6 450.6 98
Insurance companies; municipal securities; asset LM523062005 541.7 543 487.5 507 538.4 530.7 444 422.9 99
Insurance companies; corporate and foreign bonds; asset LM523063005 3133.6 3307.9 3333.9 3867.5 4310 4431.5 3881.9 4249.4 100
Insurance companies; total loans including security repurchase agreements; asset FL524035005 673.5 718.7 784.9 840.2 866.6 920 988 1043.6 101
Insurance companies; short-term loans including security repurchase agreements; asset FL524041005 171.7 172.3 171.2 175.4 178.6 184.3 180.5 185.8 102
Insurance companies; long-term loans; asset FL524042005 501.8 546.4 613.7 664.8 687.9 735.7 807.5 857.8 103
Insurance companies; total mortgages; asset FL523065005 495.3 540.6 606.1 661.4 686.2 737.2 809.8 861.4 104
Insurance companies; U.S. direct investment abroad: intercompany debt; asset (market value) FL523092305 6.5 5.8 7.5 3.4 1.7 -1.5 -2.3 -3.6 105
Insurance companies; equity and investment fund shares; asset (IMA) FL523081005 2655.7 2985.2 2668.9 3181.3 3464.3 3823 3025.1 3409.6 106
Insurance companies; corporate equities; asset LM523064105 941.2 1071.4 965.9 1177.4 1289.7 1454.3 1192.7 1371.3 107
Insurance companies; mutual fund shares; asset LM523064205 1458.7 1594.4 1421.2 1620.4 1724.2 1868.5 1444.4 1569.6 108
Insurance companies; money market fund shares; asset FL523034005 60.9 68.7 78.1 84.4 102.1 96.7 118.4 115.6 109
Insurance companies; equity in FHLB; asset (2) FL523092405 3.9 4.3 4.8 5.4 8.5 9.6 8.4 14.1 110
Insurance companies; U.S. direct investment abroad: equity; asset (market value) FL523092105 191 246.5 199 293.6 339.7 393.9 261.2 339.1 111
Insurance companies; insurance, pension and standardized guarantee schemes; asset (IMA) FL523052005 695.7 780.6 859.6 889.8 999.9 1143.7 1262.7 1328.2 112
Insurance companies; other accounts receivable; asset (IMA) FL523096005 940.8 914.1 991.7 1012.9 1165.5 1195.6 1434.6 1538.2 113
Insurance companies; total liabilities and net worth (IMA) FL522100005 9915.9 10606.3 10460.9 11720.9 12827.8 13550.9 12470.3 13595.1 114
Insurance companies; total liabilities and equity FL524194005 9481.7 10274.7 10176.9 11042.5 11891.5 12869.1 12465.8 13515.6 115
Issuers of asset-backed securities; funding agreements backing securities; asset FL673090543 70.7 82.6 85.7 91.8 114.9 155.4 173.7 183.5 116
Insurance companies; total loans including security repurchase agreements; liability FL524135005 128 133.7 136.6 138.6 159.9 163 194.6 208.3 117
Insurance companies; short-term loans including security repurchase agreements; liability FL524141005 95.7 102.1 111.6 113 136 141.3 177.6 189.9 118
Insurance companies; foreign direct investment in U.S.: intercompany debt; liability (market value) FL523192305 32.3 31.5 25 25.6 23.9 21.7 17.1 18.4 119
Insurance companies; equity and investment fund shares excluding mutual fund shares and money market fund shares; liability (IMA) FL523181105 1150.3 1410.2 1288.4 1512.6 1531.6 1839.9 1612.3 1849.1 120
Insurance companies; corporate equities; liability LM523164105 857 1066.3 999.2 1107.1 1036.8 1247.2 1259 1390.4 121
Insurance companies; foreign direct investment in U.S.: equity; liability (market value) FL523192105 276.8 324.8 280.3 395.8 492.4 589.2 348.7 454.1 122
Insurance companies; equity investment by holding companies; liability FL523194605 16.6 19.1 9 9.7 2.5 3.6 4.5 4.6 123
Insurance companies; insurance, pension and standardized guarantee schemes; liability (IMA) FL523152005 7348.5 7787.2 7820.6 8344.8 8903.5 9400.5 9192.8 9808.4 124
Insurance companies; other accounts payable; liability FL523196005 784.1 861 845.6 954.8 1181.5 1310.3 1292.4 1466.2 125
Insurance companies; net worth (IMA) FL522090095 434.3 331.6 284 678.4 936.3 681.7 4.5 79.5 126

NOTES

  1. Consists of rental income of tenant-occupied housing and proprietors' income. Quasi-corporations are unincorporated enterprises that function as if they were corporations; they primarily cover their operating costs through sales, and they keep a complete set of financial records.
  2. Government-sponsored enterprises (GSEs) consist of Federal Home Loan Banks, Fannie Mae, Freddie Mac, Federal Agricultural Mortgage Corporation, Farm Credit System, the Financing Corporation, and the Resolution Funding Corporation, and they included the Student Loan Marketing Association until it was fully privatized in 2004:Q4.
  3. The statistical discrepancy is the difference between net lending or net borrowing derived in the capital account and the same concept derived in the financial account. The discrepancy reflects differences in source data, timing of recorded transactions, and other statistical differences between the capital and financial accounts.
  4. Excludes land.
Last Update: March 7, 2024