Financial Accounts of the United States - Z.1
L.116 Life Insurance Companies (1)
Billions of dollars; amounts outstanding end of period, not seasonally adjusted| Description | Series code | 2022 | 2023 | 2024 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 | Line |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Life insurance companies; total financial assets | FL544090005 | 9047.8 | 9713.5 | 10249.0 | 9260.6 | 9713.5 | 9901.6 | 9963.4 | 10359.1 | 10249.0 | 1 |
| Life insurance companies; checkable deposits and currency; asset | FL543020005 | 118.3 | 143.3 | 166.1 | 121.2 | 143.3 | 146.8 | 144.7 | 159.1 | 166.1 | 2 |
| Life insurance companies; money market fund shares; asset | FL543034005 | 75.6 | 102.6 | 106.1 | 84.8 | 102.6 | 95.9 | 97.0 | 104.1 | 106.1 | 3 |
| Life insurance companies, general accounts; security repurchase agreements, including those held by U.S. captive reinsurers; asset | FL542051075 | 4.7 | 5.6 | 7.0 | 5.6 | 5.6 | 5.7 | 5.9 | 6.4 | 7.0 | 4 |
| Life insurance companies; debt securities; asset | LM544022005 | 3904.9 | 4013.9 | 4181.5 | 3811.9 | 4013.9 | 4057.0 | 4080.0 | 4315.5 | 4181.5 | 5 |
| Life insurance companies; commercial paper; asset | FL543069105 | 25.8 | 30.9 | 35.6 | 30.4 | 30.9 | 31.6 | 32.1 | 34.8 | 35.6 | 6 |
| Life insurance companies; Treasury securities; asset | LM543061105 | 183.1 | 180.9 | 191.0 | 172.4 | 180.9 | 183.8 | 187.0 | 195.6 | 191.0 | 7 |
| Life insurance companies; agency- and GSE-backed securities; asset | LM543061705 | 265.4 | 265.1 | 279.3 | 257.8 | 265.1 | 269.9 | 274.7 | 280.3 | 279.3 | 8 |
| Life insurance companies; municipal securities; asset | LM543062005 | 197.9 | 192.5 | 184.7 | 184.3 | 192.5 | 189.1 | 184.2 | 184.7 | 184.7 | 9 |
| Life insurance companies; corporate and foreign bonds; asset | LM543063005 | 3232.7 | 3344.5 | 3490.8 | 3167.0 | 3344.5 | 3382.7 | 3402.0 | 3620.2 | 3490.8 | 10 |
| Life insurance companies; loans; asset | FL544023005 | 953.0 | 997.6 | 1084.8 | 992.6 | 997.6 | 1013.3 | 1029.3 | 1056.8 | 1084.8 | 11 |
| Life insurance companies; other loans and advances; asset | FL543069005 | 173.6 | 173.0 | 186.9 | 175.7 | 173.0 | 176.7 | 179.0 | 182.3 | 186.9 | 12 |
| Life insurance companies; total mortgages; asset | FL543065005 | 779.4 | 824.6 | 898.0 | 816.9 | 824.6 | 836.6 | 850.3 | 874.5 | 898.0 | 13 |
| Life insurance companies, general accounts; U.S. direct investment abroad: intercompany debt (market value) | LM543092375 | -0.3 | -0.3 | -0.8 | -0.3 | -0.3 | -0.3 | -0.5 | -0.6 | -0.8 | 14 |
| Life insurance companies; corporate equities; asset | LM543064105 | 659.8 | 696.4 | 760.2 | 656.7 | 696.4 | 725.9 | 729.8 | 746.6 | 760.2 | 15 |
| Life insurance companies, general accounts; U.S. direct investment abroad: equity (market value) | LM543092173 | 23.2 | 41.4 | 55.3 | 39.6 | 41.4 | 47.7 | 52.8 | 55.7 | 55.3 | 16 |
| Life insurance companies, general accounts; equity in FHLB; asset | FL543092473 | 8.1 | 8.8 | 10.7 | 8.7 | 8.8 | 9.3 | 9.7 | 10.1 | 10.7 | 17 |
| Life insurance companies; mutual fund shares; asset | LM543064205 | 1413.5 | 1534.5 | 1595.7 | 1424.5 | 1534.5 | 1606.2 | 1595.9 | 1635.9 | 1595.7 | 18 |
| Life insurance companies; life insurance reserve credit from reinsurers; asset | FL543040005 | 279.3 | 324.9 | 330.4 | 313.5 | 324.9 | 328.8 | 330.8 | 330.5 | 330.4 | 19 |
| Life insurance companies; pension entitlements reserve credit from reinsurers; asset | FL543050005 | 484.2 | 575.0 | 594.2 | 552.3 | 575.0 | 583.8 | 588.0 | 591.3 | 594.2 | 20 |
| Life insurance companies; trade receivables from insurers; liability | FL543070005 | 136.6 | 144.7 | 158.9 | 142.7 | 144.7 | 146.9 | 148.7 | 153.0 | 158.9 | 21 |
| Life insurance companies; total miscellaneous assets | FL543090005 | 986.9 | 1124.9 | 1198.8 | 1106.8 | 1124.9 | 1134.6 | 1151.2 | 1194.6 | 1198.8 | 22 |
| Life insurance companies; balances due from holding company parent; asset | FL543094703 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 23 |
| Life insurance companies, general accounts; deferred and unpaid life insurance premiums; asset | FL543077073 | 37.0 | 39.4 | 37.2 | 38.7 | 39.4 | 41.0 | 41.0 | 39.4 | 37.2 | 24 |
| Life insurance companies; accident and health reserve credit from reinsurers; asset | FL543095105 | 85.7 | 85.5 | 86.5 | 85.5 | 85.5 | 86.9 | 85.6 | 86.3 | 86.5 | 25 |
| Life insurance companies; unidentified miscellaneous assets | FL543093005 | 864.3 | 1000.1 | 1075.1 | 982.6 | 1000.1 | 1006.7 | 1024.6 | 1068.9 | 1075.1 | 26 |
| Life insurance companies; total liabilities and equity | FL544194005 | 9107.6 | 9767.3 | 10368.1 | 9492.1 | 9767.3 | 10043.9 | 10100.4 | 10344.6 | 10368.1 | 27 |
| Life insurance companies; total liabilities | FL544190005 | 8755.2 | 9395.2 | 9949.9 | 9144.5 | 9395.2 | 9633.7 | 9706.2 | 9915.7 | 9949.9 | 28 |
| Life insurance companies, general accounts; security repurchase agreements; liability | FL542151073 | 36.4 | 36.1 | 45.6 | 38.1 | 36.1 | 36.6 | 37.5 | 41.1 | 45.6 | 29 |
| Life insurance companies, general accounts; FHLB advances; liability | FL543169373 | 135.7 | 138.1 | 156.7 | 138.3 | 138.1 | 143.3 | 150.2 | 152.8 | 156.7 | 30 |
| Life insurance companies, general accounts; foreign direct investment in U.S.: intercompany debt; liability (market value) | LM543192375 | 5.0 | 4.1 | 4.3 | 4.4 | 4.1 | 4.3 | 4.3 | 4.3 | 4.3 | 31 |
| Life insurance companies; life insurance reserves; liability | FL543140005 | 2398.9 | 2468.2 | 2536.5 | 2450.0 | 2468.2 | 2510.7 | 2525.7 | 2541.7 | 2536.5 | 32 |
| Life insurance companies; pension entitlements, including reserve credit from reinsurers and excluding unallocated insurance contracts; liability (2) | FL543150005 | 3812.6 | 4154.4 | 4349.0 | 4007.7 | 4154.4 | 4265.2 | 4285.8 | 4372.8 | 4349.0 | 33 |
| Life insurance companies; trade payables to insurers; liability | FL543170005 | 371.2 | 464.6 | 515.3 | 441.2 | 464.6 | 476.4 | 483.1 | 499.8 | 515.3 | 34 |
| Life insurance companies, general accounts; total taxes payable; liability | FL543178075 | 6.0 | 7.2 | 5.6 | 6.6 | 7.2 | 7.7 | 6.1 | 6.7 | 5.6 | 35 |
| Life insurance companies; total miscellaneous liabilities | FL543190005 | 1989.3 | 2122.5 | 2337.0 | 2058.2 | 2122.5 | 2189.5 | 2213.4 | 2296.5 | 2337.0 | 36 |
| Life insurance companies; other investment by holding company parent; liability | FL543194703 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 37 |
| Issuers of asset-backed securities; funding agreements backing securities; asset (3) | FL673090543 | 173.7 | 183.5 | 216.9 | 182.3 | 183.5 | 197.7 | 197.9 | 210.2 | 216.9 | 38 |
| Life insurance companies; insurance reserves, excluding life insurance reserves and pension entitlements; liability (4) | FL543195005 | 474.6 | 488.4 | 496.8 | 484.0 | 488.4 | 497.8 | 491.2 | 495.8 | 496.8 | 39 |
| Pension funds; unallocated insurance contracts; asset | FL593095005 | 882.0 | 925.2 | 976.0 | 903.6 | 925.2 | 943.4 | 951.8 | 970.8 | 976.0 | 40 |
| Life insurance companies; unidentified miscellaneous liabilities | FL543193005 | 459.0 | 525.4 | 647.3 | 488.4 | 525.4 | 550.7 | 572.5 | 619.7 | 647.3 | 41 |
| Life insurance companies; equity and investment fund shares excluding mutual fund shares and money market fund shares; liability (IMA) | FL543181105 | 352.4 | 372.1 | 418.3 | 347.6 | 372.1 | 410.2 | 394.2 | 428.9 | 418.3 | 42 |
| Life insurance companies, general accounts; corporate equities; liability | LM543164175 | 242.3 | 253.2 | 281.9 | 235.5 | 253.2 | 276.3 | 263.3 | 292.8 | 281.9 | 43 |
| Life insurance companies, general accounts; foreign direct investment in U.S.: equity; liability (market value) | LM543192173 | 110.1 | 118.9 | 136.4 | 112.1 | 118.9 | 133.9 | 130.9 | 136.1 | 136.4 | 44 |
| Life insurance companies; equity investment by parent holding company; liability | FL543194603 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 45 |
| Life insurance companies, general accounts; securities lending; liability (5) | FL543200073 | 41.7 | 40.6 | 38.4 | 40.3 | 40.6 | 42.6 | 40.3 | 40.8 | 38.4 | 46 |
| Life insurance companies; direct reserve credit; liability | FL543176015 | 7310.9 | 7767.0 | 8125.8 | 7579.3 | 7767.0 | 7957.6 | 8001.0 | 8139.6 | 8125.8 | 47 |
| Life insurance companies; reserve credit reinsured to U.S. reinsurers; liability | FL543176025 | 968.0 | 1020.0 | 1053.3 | 1000.8 | 1020.0 | 1038.6 | 1043.5 | 1052.4 | 1053.3 | 48 |
| Life insurance companies; reserve credit reinsured to non-U.S. reinsurers; asset | FL543076035 | 808.9 | 993.9 | 1022.6 | 947.0 | 993.9 | 1008.6 | 1014.9 | 1019.4 | 1022.6 | 49 |
| Life insurance companies; reserve credit reinsured from non-U.S. reinsurers; liability | FL543176035 | 10.8 | 2.7 | 2.8 | 4.7 | 2.7 | 2.8 | 2.8 | 2.8 | 2.8 | 50 |
NOTES
- 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.
- Annuity reserves held by life insurance companies, excluding unallocated contracts held by pension funds, which are shown on line 39.
- Equal to funding agreement-backed securities (FABS) issued by domestic issuers of asset-backed securities.
- Includes reserves for accident and health policies, policy dividend accumulation, and contract claims.
- Liability for securities lending collateral, included in line 41.
Last Update: March 13, 2025