Financial Accounts of the United States - Z.1
L.116.s Life Insurance Companies Separate Accounts
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, separate accounts; total financial assets | FL544090085 | 3098.7 | 3333.1 | 2733.1 | 3027.7 | 2847.9 | 2945.4 | 2833.3 | 3027.7 | 3155.2 | 1 |
| Life insurance companies, separate accounts; checkable deposits and currency; asset | FL543020083 | 37.8 | 34.2 | 41.3 | 42.1 | 42.3 | 42.8 | 41.3 | 42.1 | 43.5 | 2 |
| Life insurance companies, separate accounts; variable annuity money market fund shares; asset | FL543034385 | 30.2 | 26.8 | 34.7 | 36.1 | 33.9 | 34.4 | 35 | 36.1 | 34.9 | 3 |
| Life insurance companies, separate accounts; debt securities; asset | LM544022085 | 520.8 | 543 | 502.2 | 549.1 | 523.3 | 538.5 | 529.1 | 549.1 | 566.5 | 4 |
| Life insurance companies, separate accounts; commercial paper; asset | FL543069183 | 13.2 | 18.4 | 9 | 9.6 | 9.3 | 9.5 | 9.3 | 9.6 | 9.9 | 5 |
| Life insurance companies, separate accounts; other Treasury securities; asset | LM543061183 | 54.4 | 57.1 | 45.9 | 40.3 | 45.6 | 44.5 | 41.3 | 40.3 | 41.6 | 6 |
| Life insurance companies, separate accounts; agency- and GSE-backed securities; asset | LM543061783 | 100.8 | 82.6 | 78.2 | 76.6 | 79.5 | 79.6 | 76 | 76.6 | 79 | 7 |
| Life insurance companies, separate accounts; municipal securities; asset | LM543062083 | 12.9 | 13.5 | 14.1 | 15 | 14.6 | 14.9 | 14.5 | 15 | 15.4 | 8 |
| Life insurance companies, separate accounts; corporate and foreign bonds; asset | LM543063085 | 339.5 | 371.4 | 355 | 407.6 | 374.3 | 389.9 | 387.9 | 407.6 | 420.6 | 9 |
| Life insurance companies, separate accounts; loans; asset | FL544023085 | 41.5 | 51.4 | 62.6 | 73.9 | 66.5 | 69.7 | 69.8 | 73.9 | 76.2 | 10 |
| Life insurance companies, separate accounts; policy loans; asset | FL543069483 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 11 |
| Life insurance companies, separate accounts; total mortgages; asset | FL543065083 | 41.5 | 51.4 | 62.6 | 73.9 | 66.5 | 69.7 | 69.8 | 73.9 | 76.2 | 12 |
| Life insurance companies, separate accounts; corporate equities | LM543064185 | 657.5 | 674.1 | 539.2 | 567.5 | 552.3 | 564.4 | 531 | 567.5 | 596.9 | 13 |
| Life insurance companies, separate accounts; variable annuity mutual fund shares; asset | LM543064385 | 1686.7 | 1824.4 | 1404.4 | 1526.2 | 1451.5 | 1495.1 | 1415.5 | 1526.2 | 1597.2 | 14 |
| Life insurance companies, separate accounts; life insurance reserve credit from reinsurers; asset | FL543040085 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 15 |
| Life insurance companies, separate accounts; pension entitlements reserve credit from reinsurers; asset | FL543050085 | 1.4 | 1.4 | 1.2 | 1 | 1.2 | 1.2 | 1.1 | 1 | 1.1 | 16 |
| Life insurance companies, separate accounts; trade receivables from insurers; liability | FL543070085 | 0 | 0.1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 17 |
| Life insurance companies, separate accounts; total miscellaneous assets | FL543090085 | 122.7 | 177.5 | 147.6 | 231.7 | 176.9 | 199.3 | 210.5 | 231.7 | 239 | 18 |
| Life insurance companies, separate accounts; total liabilities | FL544190085 | 3112.8 | 3343.9 | 2744.2 | 3031.7 | 2858.6 | 2956.3 | 2841.6 | 3031.7 | 3158.5 | 19 |
| Life insurance companies, separate accounts; life insurance reserves, including reserve credit from reinsurers; liability | LM543140085 | 418.9 | 439.4 | 402.6 | 426 | 415.2 | 425.1 | 404.5 | 426 | 443.9 | 20 |
| Life insurance companies, separate accounts; pension entitlements, including reserve credit from reinsurers and excluding unallocated insurance contracts; liability (1) | LM543150085 | 2311.4 | 2462.1 | 2041.9 | 2207.6 | 2116.8 | 2180.7 | 2084.8 | 2207.6 | 2299.8 | 21 |
| Life insurance companies, separate accounts; trade payables to insurers; liability | FL543170085 | 0.6 | 0.7 | 0.6 | 0.6 | 0.7 | 0.7 | 0.6 | 0.6 | 0.7 | 22 |
| Life insurance companies, separate accounts; total miscellaneous liabilities | FL543190085 | 381.9 | 441.6 | 299 | 397.5 | 326 | 349.9 | 351.8 | 397.5 | 414.2 | 23 |
NOTES
- Annuity reserves held by life insurance companies, excluding unallocated contracts held by private pension funds which are included in miscellaneous liabilities (line 23).
Last Update: June 7, 2024