Level from annual financial statements compiled by and purchased from SNL Financial. Year-end level is sum of Annual Statement, table Liabilities, Surplus, and Other Funds, line 1, Aggregate reserve for life policies and contracts, and exhibit 7, Deposit type contracts, column 4, Supplementary Contracts, line 14, Net balance at end of current year after reinsurance, less exhibit 5, Annuities, column Total, line Totals (net); plus Separate Accounts Statement, exhibit 3, Life insurance, column Total, line Totals (net), and Supplementary contracts, column Total, line Totals. Data are annual; series is converted to quarterly using quarterly statement data for general account liabilities and FOF Section estimate of life insurance reserve liabilities in separate accounts. Unadjusted flow is the change in the level less FOF estimate of capital gains on equities backing Separate Account life reserves. Data for the most recent ten years show no significant seasonality.