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 | 2022 | 2023 | 2024 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 | Line |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Life insurance companies, separate accounts; total financial assets | FA544090085 | -47.8 | -36.5 | -56.4 | -88.8 | -45.9 | -53.4 | -30.8 | -86.1 | -55.4 | 1 |
| Life insurance companies, separate accounts; checkable deposits and currency; asset | FA543020083 | 7.0 | 0.9 | 5.7 | -5.9 | 3.1 | 5.3 | 5.2 | 9.1 | 3.3 | 2 |
| Life insurance companies, separate accounts; variable annuity money market fund shares; asset | FA543034385 | 7.9 | 1.4 | 0.9 | 2.3 | 4.6 | -5.0 | 2.5 | 4.0 | 2.2 | 3 |
| Life insurance companies, separate accounts; debt securities; asset | FA544022085 | 48.9 | 37.9 | 58.2 | 32.7 | 1.3 | 88.5 | 83.2 | 46.4 | 14.6 | 4 |
| Life insurance companies, separate accounts; commercial paper; asset | FA543069183 | -9.4 | 0.7 | 1.6 | -0.8 | 1.3 | 1.2 | 1.2 | 2.1 | 1.9 | 5 |
| Life insurance companies, separate accounts; other Treasury securities; asset | FA543061183 | -3.0 | -6.4 | 3.6 | -5.8 | -12.9 | 7.3 | 5.4 | 1.0 | 0.7 | 6 |
| Life insurance companies, separate accounts; agency- and GSE-backed securities; asset | FA543061783 | 3.8 | -3.4 | 7.7 | -10.1 | -7.4 | 11.4 | 8.7 | 6.7 | 4.0 | 7 |
| Life insurance companies, separate accounts; municipal securities; asset | FA543062083 | 2.3 | 0.4 | 2.0 | 1.2 | -2.3 | 2.5 | 2.1 | 1.9 | 1.4 | 8 |
| Life insurance companies, separate accounts; corporate and foreign bonds; asset | FA543063085 | 55.2 | 46.7 | 43.3 | 48.2 | 22.7 | 66.1 | 65.8 | 34.7 | 6.5 | 9 |
| Life insurance companies, separate accounts; loans; asset | FA544023085 | 11.2 | 11.2 | 10.4 | 0.4 | 16.2 | 9.4 | 9.1 | 15.9 | 7.2 | 10 |
| Life insurance companies, separate accounts; policy loans; asset | FA543069483 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 11 |
| Life insurance companies, separate accounts; total mortgages; asset | FA543065083 | 11.2 | 11.2 | 10.4 | 0.4 | 16.2 | 9.4 | 9.1 | 15.9 | 7.2 | 12 |
| Life insurance companies, separate accounts; corporate equities | FA543064185 | -4.8 | -64.3 | -45.9 | -58.3 | -83.4 | -23.9 | -25.4 | -83.5 | -51.0 | 13 |
| Life insurance companies, separate accounts; variable annuity mutual fund shares; asset | FA543064385 | -88.1 | -107.4 | -131.3 | -112.4 | -79.3 | -134.3 | -140.7 | -182.7 | -67.4 | 14 |
| Life insurance companies, separate accounts; life insurance reserve credit from reinsurers; asset | FA543040085 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 15 |
| Life insurance companies, separate accounts; pension entitlements reserve credit from reinsurers; asset | FA543050085 | 0.0 | -0.3 | -0.0 | -0.3 | -0.3 | -0.0 | 0.0 | -0.0 | 0.0 | 16 |
| Life insurance companies, separate accounts; trade receivables from insurers; liability | FA543070085 | -0.1 | 0.0 | 0.0 | -0.0 | 0.0 | 0.0 | 0.0 | 0.0 | -0.0 | 17 |
| Life insurance companies, separate accounts; total miscellaneous assets | FA543090085 | -29.9 | 84.1 | 45.7 | 52.7 | 92.0 | 6.6 | 35.6 | 104.8 | 35.6 | 18 |
| Life insurance companies, separate accounts; total liabilities | FA544190085 | -47.6 | -43.6 | -50.7 | -99.3 | -63.3 | -56.3 | -24.9 | -68.4 | -53.3 | 19 |
| Life insurance companies, separate accounts; life insurance reserves, including reserve credit from reinsurers; liability | FA543140085 | 35.3 | -20.9 | -2.6 | -34.3 | -22.5 | -2.8 | -0.4 | -4.5 | -2.8 | 20 |
| Life insurance companies, separate accounts; pension entitlements, including reserve credit from reinsurers and excluding unallocated insurance contracts; liability (1) | FA543150085 | -21.5 | -56.9 | -12.0 | -134.7 | -63.9 | -15.2 | -1.4 | -24.1 | -7.3 | 21 |
| Life insurance companies, separate accounts; trade payables to insurers; liability | FA543170085 | 0.0 | -0.1 | -0.0 | -0.1 | -0.1 | -0.1 | -0.0 | -0.1 | -0.1 | 22 |
| Life insurance companies, separate accounts; total miscellaneous liabilities | FA543190085 | -61.5 | 34.3 | -36.1 | 69.9 | 23.2 | -38.3 | -23.1 | -39.7 | -43.2 | 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: March 13, 2025