Financial Accounts of the United States - Z.1
F.116.g Life Insurance Companies General Accounts
Billions of dollars; quarterly figures are seasonally adjusted annual rates| Description | Series code | 2020 | 2021 | 2022 | 2023 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 | Line |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Life insurance companies, general accounts; total financial assets | FA544090075 | 413.7 | 330 | 387.3 | 342.6 | 417.4 | 392.7 | 342.3 | 217.7 | 397.4 | 1 |
| Life insurance companies, general accounts; checkable deposits and currency, including those held by U.S. captive reinsurers; asset | FA543020075 | 23 | -4.9 | -10.9 | 24.1 | 5.7 | 48.8 | -43.2 | 85 | 8.6 | 2 |
| Life insurance companies, general accounts; money market fund shares, including those held by U.S. captive reinsurers; asset | FA543034075 | 2.9 | 1.1 | 2.5 | 25.6 | 12.4 | 38.6 | -15.2 | 66.5 | -21.9 | 3 |
| Life insurance companies, general accounts; security repurchase agreements, including those held by U.S. captive reinsurers; asset | FA542051075 | 1.9 | 1.6 | -5.4 | 1 | 0.6 | 2.2 | 1.1 | 0 | 0.3 | 4 |
| Life insurance companies, general accounts; debt securities; asset | FA544022075 | 133.2 | 130.6 | 142.9 | 49.7 | 156.2 | 0.6 | 51.8 | -9.9 | 222 | 5 |
| Life insurance companies, general accounts; commercial paper, including those held by U.S. captive reinsurers; asset | FA543069175 | 0.4 | 2 | -6.7 | 4.5 | -0.7 | 3.7 | 9 | 6 | -3.3 | 6 |
| Life insurance companies, general accounts; Treasury securities, including those held by U.S. captive reinsurers; asset | FA543061175 | 5 | -8.3 | -2.2 | 5.5 | -1.8 | 8.8 | -2.6 | 17.4 | 12.9 | 7 |
| Life insurance companies, general accounts; agency- and GSE-backed securities, including those held by U.S. captive reinsurers; asset | FA543061775 | -23.5 | -27.4 | -20.1 | 1.6 | -10.4 | 0.4 | 7.7 | 8.7 | 13.9 | 8 |
| Life insurance companies, general accounts; municipal securities, including those held by U.S. captive reinsurers; asset | FA543062075 | -5.4 | 0.4 | 2.7 | -10.2 | -6.3 | -13.8 | -6.5 | -14.1 | -8.2 | 9 |
| Life insurance companies, general accounts; corporate and foreign bonds; asset | FA543063075 | 156.8 | 163.9 | 169.2 | 48.3 | 175.4 | 1.5 | 44.2 | -27.8 | 206.8 | 10 |
| Life insurance companies, general accounts; loans; asset | FA544023075 | 20.5 | 41.7 | 60.1 | 33.4 | 37.2 | 46.4 | 50.3 | -0.2 | 54.7 | 11 |
| Life insurance companies, general accounts; other loans and advances; asset | FA543069075 | 1.2 | 4.1 | 1.5 | -0.6 | 4.5 | -1 | 5 | -10.9 | 14.7 | 12 |
| Life insurance companies, general accounts; total mortgages, including those held by U.S. captive reinsurers; asset | FA543065075 | 19.4 | 37.7 | 58.7 | 34 | 32.7 | 47.5 | 45.3 | 10.6 | 40 | 13 |
| Life insurance companies, general accounts; U.S. direct investment abroad: intercompany debt (market value) | FA543092375 | -0.4 | -0.7 | -0.2 | 0.1 | 0.4 | -0.4 | 0.1 | 0.4 | 0.4 | 14 |
| Life insurance companies, general accounts; corporate equities, including those held by U.S. captive reinsurers; asset | FA543064175 | 14.1 | 13.6 | 1.5 | -0.8 | 1.6 | -3.6 | -1.6 | 0.5 | 2.9 | 15 |
| Life insurance companies, general accounts; U.S. direct investment abroad: equity (market value) | FA543092173 | -2.2 | 0 | 1.9 | 7.8 | 24 | 3.4 | 17.3 | -13.4 | -6.8 | 16 |
| Life insurance companies, general accounts; equity in FHLB; asset | FA543092473 | 2.5 | 1.3 | -1 | 0.8 | -1.1 | 2.4 | 1.4 | 0.4 | 2 | 17 |
| Life insurance companies, general accounts; mutual fund shares, including those held by U.S. captive reinsurers; asset | FA543064275 | -0.4 | -0.7 | -0.1 | -2.7 | -2.1 | -2.8 | -0.4 | -5.5 | 0.3 | 18 |
| Life insurance companies, general accounts; life insurance reserve credit from reinsurers; asset | FA543040075 | 5.6 | 22.2 | -5.6 | 45.6 | 45.6 | 45.6 | 45.6 | 45.6 | 15.7 | 19 |
| Life insurance companies, general accounts; pension entitlements reserve credit from reinsurers; asset | FA543050075 | 93.5 | 88.7 | 104.5 | 91 | 91 | 91 | 91 | 91 | 34.8 | 20 |
| Life insurance companies, general accounts; trade receivables from insurers; liability | FA543070075 | 22.5 | 10 | -3.9 | 8.1 | 8.1 | 8.2 | 8.2 | 8.1 | 17.3 | 21 |
| Life insurance companies, general accounts; total miscellaneous assets | FA543090075 | 97 | 25.3 | 101 | 58.9 | 37.8 | 112.6 | 135.9 | -50.8 | 66.9 | 22 |
| Life insurance companies, general accounts; total liabilities and equity | FA544194075 | 437.3 | 255.8 | 262.7 | 334.6 | 471.9 | 352.5 | 289.4 | 224.4 | 406.2 | 23 |
| Life insurance companies, general accounts; total liabilities | FA544190075 | 454 | 279.7 | 286.8 | 352.7 | 484.8 | 373.6 | 309.6 | 243 | 447.6 | 24 |
| Life insurance companies, general accounts; security repurchase agreements; liability | FA542151073 | 1 | 1.5 | 15.8 | -0.3 | -2.1 | 8.8 | -0.1 | -8 | 2.2 | 25 |
| Life insurance companies, general accounts; FHLB advances; liability | FA543169373 | 15.5 | 6.9 | 22.1 | 2.4 | 13.2 | -13.9 | 11 | -0.6 | 20.7 | 26 |
| Life insurance companies, general accounts; foreign direct investment in U.S.: intercompany debt; liability (market value) | FA543192375 | -0 | -0.8 | -4.7 | -1.1 | -1.3 | -0.8 | -1 | -1.2 | -4.7 | 27 |
| Life insurance companies, general accounts; life insurance reserves, including reserve credit from reinsurers; liability | FA543140075 | 90 | 75.2 | 36.3 | 45.8 | 117 | 52.2 | 27.7 | -13.6 | 98.6 | 28 |
| Life insurance companies, general accounts; pension entitlements, including reserve credit from reinsurers and excluding unallocated insurance contracts; liability (1) | FA543150075 | 102.8 | 82.5 | 133.2 | 173.5 | 264.4 | 203.9 | 142.6 | 83.3 | 75.2 | 29 |
| Life insurance companies, general accounts; trade payables to insurers; liability | FA543170075 | 88.7 | 66.8 | 16.3 | 93.4 | 93.4 | 93.4 | 93.4 | 93.4 | 49.7 | 30 |
| Life insurance companies, general accounts; total taxes payable; liability | FA543178075 | 1.1 | -0.5 | -1.1 | 1.1 | 1.9 | -3.3 | 3.6 | 2.3 | 2.3 | 31 |
| Life insurance companies, general accounts; total miscellaneous liabilities | FA543190075 | 154.9 | 48.1 | 69.1 | 37.8 | -1.8 | 33.2 | 32.5 | 87.3 | 203.7 | 32 |
| Life insurance companies; equity and investment fund shares excluding mutual fund shares and money market fund shares; liability (IMA) | FA543181105 | -16.8 | -23.9 | -24.1 | -18.2 | -12.9 | -21.1 | -20.1 | -18.6 | -41.4 | 33 |
| Life insurance companies, general accounts; corporate equities; liability | FA543164175 | -14.7 | -24.6 | -30.5 | -24 | -23.2 | -27.2 | -22.7 | -22.8 | -44.7 | 34 |
| Life insurance companies, general accounts; foreign direct investment in U.S.: equity; liability (market value) | FA543192173 | 3.6 | 0.7 | 6.4 | 5.8 | 10.4 | 6.1 | 2.5 | 4.2 | 3.3 | 35 |
| Life insurance companies; equity investment by parent holding company; liability | FA543194603 | -5.8 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 36 |
NOTES
- Annuity reserves held by life insurance companies, excluding unallocated contracts held by pension funds, which are included in miscellaneous liabilities (line 32).
Last Update: June 7, 2024