L.116 Life Insurance Companies (1)
Billions of dollars; amounts outstanding end of period, not seasonally adjusted
Description Series code 2020 2021 2022 2023 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 Line
Life insurance companies; total financial assets FL544090005 9614.5 10066.2 9047.8 9713.5 9321.6 9443.7 9260.6 9713.5 9900.2 1
Life insurance companies; checkable deposits and currency; asset FL543020005 130.7 122.2 118.3 143.3 120.8 133.5 121.2 143.3 146.8 2
Life insurance companies; money market fund shares; asset FL543034005 67.5 65.2 75.6 102.6 77.9 88 84.8 102.6 95.9 3
Life insurance companies, general accounts; security repurchase agreements, including those held by U.S. captive reinsurers; asset FL542051075 8.4 10 4.7 5.6 4.8 5.4 5.6 5.6 5.7 4
Life insurance companies; debt securities; asset LM544022005 4546.3 4569.2 3904.9 4013.9 4021.8 3967.4 3811.9 4013.9 4057 5
Life insurance companies; commercial paper; asset FL543069105 34.7 41.8 25.8 30.9 26.9 29.3 30.4 30.9 31.6 6
Life insurance companies; Treasury securities; asset LM543061105 246.6 237.1 183.1 180.9 184.4 182.1 172.4 180.9 183.8 7
Life insurance companies; agency- and GSE-backed securities; asset LM543061705 375.1 319.9 265.4 265.1 266 263 257.8 265.1 269.9 8
Life insurance companies; municipal securities; asset LM543062005 240.5 241.3 197.9 192.5 200 195 184.3 192.5 189.1 9
Life insurance companies; corporate and foreign bonds; asset LM543063005 3649.4 3729 3232.7 3344.5 3344.5 3297.9 3167 3344.5 3382.7 10
Life insurance companies; loans; asset FL544023005 830 881.6 953 997.6 965.5 978.8 992.6 997.6 1013.3 11
Life insurance companies; other loans and advances; asset FL543069005 168 172.1 173.6 173 174.7 174.5 175.7 173 176.7 12
Life insurance companies; total mortgages; asset FL543065005 662 709.5 779.4 824.6 790.8 804.3 816.9 824.6 836.6 13
Life insurance companies, general accounts; U.S. direct investment abroad: intercompany debt (market value) LM543092375 0.5 -0.3 -0.2 -0.2 -0.1 -0.3 -0.3 -0.2 -0.1 14
Life insurance companies; corporate equities; asset LM543064105 771.1 811.5 659.8 697.5 679.4 689.3 657.6 697.5 727 15
Life insurance companies, general accounts; U.S. direct investment abroad: equity (market value) LM543092173 93.9 86.7 25.1 40.8 34.8 37.2 40.5 40.8 41.1 16
Life insurance companies, general accounts; equity in FHLB; asset FL543092473 7.8 9.1 8.1 8.8 7.8 8.4 8.7 8.8 9.3 17
Life insurance companies; mutual fund shares; asset LM543064205 1694.6 1832.3 1413.5 1533.4 1460.5 1503.7 1423.5 1533.4 1605 18
Life insurance companies; life insurance reserve credit from reinsurers; asset FL543040005 262.7 284.9 279.3 324.9 290.7 302.1 313.5 324.9 328.8 19
Life insurance companies; pension entitlements reserve credit from reinsurers; asset FL543050005 291.3 380 484.2 575 506.9 529.6 552.3 575 583.8 20
Life insurance companies; trade receivables from insurers; liability FL543070005 130.4 140.5 136.6 144.7 138.6 140.7 142.7 144.7 149.1 21
Life insurance companies; total miscellaneous assets FL543090005 779.5 873.3 985 1125.4 1012.1 1059.9 1105.9 1125.4 1137.5 22
Life insurance companies; balances due from holding company parent; asset FL543094703 0 0 0 0 0 0 0 0 0 23
Life insurance companies, general accounts; deferred and unpaid life insurance premiums; asset FL543077073 37 38.4 37 39.4 38 38 38.7 39.4 41 24
Life insurance companies; accident and health reserve credit from reinsurers; asset FL543095105 86.4 90.6 85.7 85.5 85.6 85.6 85.5 85.5 86.9 25
Life insurance companies; unidentified miscellaneous assets FL543093005 656.1 744.3 862.3 1000.6 888.5 936.3 981.6 1000.6 1009.6 26
Life insurance companies; total liabilities and equity FL544194005 8983.1 9602.2 9120.6 9774.9 9331.8 9538.2 9500.7 9774.9 10057 27
Life insurance companies; total liabilities FL544190005 8557.6 9068.1 8755.2 9395.2 8990.8 9181.8 9144.5 9395.2 9633.9 28
Life insurance companies, general accounts; security repurchase agreements; liability FL542151073 19.1 20.6 36.4 36.1 35.9 38.1 38.1 36.1 36.6 29
Life insurance companies, general accounts; FHLB advances; liability FL543169373 106.7 113.6 135.7 138.1 139 135.5 138.3 138.1 143.3 30
Life insurance companies, general accounts; foreign direct investment in U.S.: intercompany debt; liability (market value) LM543192375 12.6 11.4 6.6 5.3 6.3 5.9 5.7 5.3 4.1 31
Life insurance companies; life insurance reserves; liability FL543140005 2303.7 2399.4 2398.9 2468.2 2440.8 2463.7 2450 2468.2 2510.7 32
Life insurance companies; pension entitlements, including reserve credit from reinsurers and excluding unallocated insurance contracts; liability (2) FL543150005 3876.6 4109.9 3822.8 4162 3963.8 4078.6 4018.4 4162 4273 33
Life insurance companies; trade payables to insurers; liability FL543170005 288.1 355 371.2 464.6 394.6 418 441.2 464.6 477.1 34
Life insurance companies, general accounts; total taxes payable; liability FL543178075 7.7 7.2 6 7.2 6.5 5.7 6.6 7.2 7.7 35
Life insurance companies; total miscellaneous liabilities FL543190005 1943.1 2051 1977.4 2113.7 2003.9 2036.2 2046.2 2113.7 2181.3 36
Life insurance companies; other investment by holding company parent; liability FL543194703 0 0 0 0 0 0 0 0 0 37
Issuers of asset-backed securities; funding agreements backing securities; asset (3) FL673090543 114.9 155.4 173.7 183.5 175.8 178.3 182.3 183.5 197.7 38
Life insurance companies; insurance reserves, excluding life insurance reserves and pension entitlements; liability (4) FL543195005 455 472 474.6 488.4 480.7 482.6 484 488.4 497.8 39
Pension funds; unallocated insurance contracts; asset FL593095005 874.7 914.5 871.8 917.5 888.8 899.8 892.8 917.5 935.5 40
Life insurance companies; unidentified miscellaneous liabilities FL543193005 498.5 509.1 457.4 524.3 458.7 475.5 487.1 524.3 550.4 41
Life insurance companies; equity and investment fund shares excluding mutual fund shares and money market fund shares; liability (IMA) FL543181105 425.5 534.1 365.5 379.7 341 356.4 356.2 379.7 423.1 42
Life insurance companies, general accounts; corporate equities; liability LM543164175 166.6 224.6 230.6 241.5 201.2 211.7 225 241.5 270.2 43
Life insurance companies, general accounts; foreign direct investment in U.S.: equity; liability (market value) LM543192173 258.9 309.5 134.9 138.2 139.8 144.7 131.2 138.2 152.9 44
Life insurance companies; equity investment by parent holding company; liability FL543194603 0 0 0 0 0 0 0 0 0 45
Life insurance companies, general accounts; securities lending; liability (5) FL543200073 48.1 54.5 41.7 40.6 43.5 41.4 40.3 40.6 42.6 46
Life insurance companies; direct reserve credit; liability FL543176015 7231.7 7613.6 7310.9 7767 7513.4 7658 7579.3 7767 7957.6 47
Life insurance companies; reserve credit reinsured to U.S. reinsurers; liability FL543176025 860.9 917.1 968 1020 983.2 996.5 1000.8 1020 1038.6 48
Life insurance companies; reserve credit reinsured to non-U.S. reinsurers; asset FL543076035 549.1 689.8 808.9 993.9 855.7 902.1 947 993.9 1008.6 49
Life insurance companies; reserve credit reinsured from non-U.S. reinsurers; liability FL543176035 5.4 2.3 10.8 2.7 8.8 6.8 4.7 2.7 2.8 50

NOTES

  1. 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.
  2. Annuity reserves held by life insurance companies, excluding unallocated contracts held by pension funds, which are shown on line 38.
  3. Equal to funding agreement-backed securities (FABS) issued by domestic issuers of asset-backed securities.
  4. Includes reserves for accident and health policies, policy dividend accumulation, and contract claims.
  5. Liability for securities lending collateral, included in line 41.
Last Update: June 7, 2024