Financial Accounts of the United States - Z.1

S1281.t Life insurance companies 🕮 PDF
Line Description Series 2023 2024 2025 2025:Q1 2025:Q2 2025:Q3 2025:Q4 2026:Q1 2026:Q2
Line 1 Gross saving less net capital transfers paid FA546000105 31.3 28.9 28.9 28.2 27.5 29.1 30.7 31.1 32.9
Line 2 Fixed nonresidential investment FA545013005 34.9 38.1 41.1 39.5 40.6 41.6 42.6 43.8 45.0
Line 3 Net acquisition of financial assets FA544090005 265.2 324.1 240.2 128.8 327.3 386.1 118.8 249.7 625.3
Line 4 Checkable deposits and currency FA543020005 24.9 7.3 23.4 -14.6 50.8 64.2 -6.7 -12.6 73.0
Line 5 Debt securities FA544022005 80.6 228.0 227.8 187.1 282.7 266.8 174.4 325.0 285.5
Line 6 Open market paper FA543069105 5.2 5.7 -12.5 2.8 -18.2 -16.1 -18.3 17.0 -0.1
Line 7 Treasury securities FA543061105 0.1 12.4 11.3 -0.3 4.4 25.3 15.7 47.1 43.7
Line 8 Agency- and GSE-backed securities FA543061705 -1.0 -0.8 11.2 20.8 23.4 14.7 -14.2 5.1 23.9
Line 9 Municipal securities FA543062005 -9.7 -14.1 -3.7 -7.5 3.3 -0.2 -10.5 -4.0 -7.8
Line 10 Corporate and foreign bonds FA543063005 86.1 224.7 221.5 171.3 269.8 243.2 201.7 259.8 225.7
Line 11 Loans FA544035005 43.7 76.9 73.5 45.1 98.7 57.9 92.1 12.1 74.6
Line 12 Security repurchase agreements FA542051075 1.0 -0.2 -0.8 1.5 -2.8 -1.1 -0.6 5.2 1.8
Line 13 Mortgages FA543065005 45.3 67.1 63.3 32.4 93.3 50.0 77.5 9.6 48.3
Line 14 Other loans and advances FA543069005 -2.6 10.0 10.9 11.2 8.2 9.0 15.2 -2.7 24.4
Line 15 Corporate equities FA543064105 -89.1 -26.7 -103.0 61.3 -93.0 -172.7 -207.5 -23.7 -191.8
Line 16 U.S. direct investment abroad: equity FA543092173 6.3 -1.3 -5.5 -5.6 -10.5 -7.8 1.7 7.1 6.9
Line 17 Equity in FHLB FA543092473 0.8 1.8 1.4 1.7 2.0 1.7 0.3 3.8 -0.7
Line 18 Money market fund shares FA543034005 27.0 0.2 10.6 -5.5 20.4 31.9 -4.5 -6.0 11.7
Line 19 Mutual fund shares FA543064205 -110.6 -128.6 -132.9 -165.7 -142.7 -125.8 -97.3 -178.7 -137.8
Line 20 Hedge fund shares FA543064773 -4.8 9.8 -9.7 -12.3 -17.3 -11.0 1.6 -14.6 5.2
Line 21 Private debt fund shares FA543064570 14.9 8.7 12.7 7.0 5.9 4.3 33.5 -16.9 0.1
Line 22 Life insurance reserves FA543040005 45.6 -4.1 -4.1 -4.1 -4.1 -4.1 -4.1 10.8 5.6
Line 23 Pension entitlements FA543050005 90.7 129.6 -11.6 -11.6 -11.6 -11.6 -11.6 47.1 28.2
Line 24 Trade receivables FA543070005 8.2 6.7 -3.8 -3.8 -3.8 -3.8 -3.7 5.0 22.1
Line 25 U.S. direct investment abroad: intercompany debt FA543092375 0.1 -0.0 0.3 1.4 -0.7 0.0 0.4 -0.1 0.1
Line 26 Miscellaneous assets FA543090005 126.9 15.9 161.3 48.2 150.5 296.1 150.3 91.5 442.5
Line 27 Balances due from holding company parents FA543094703 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
Line 28 Deferred and unpaid life ins. premiums FA543077073 2.4 0.2 1.4 11.7 -1.7 -11.2 7.0 18.8 -7.3
Line 29 Other reserves FA543095105 -0.2 4.6 -0.2 -0.2 -0.2 -0.2 -0.2 3.7 -0.9
Line 30 Other FA543093005 124.7 11.1 160.0 36.7 152.4 307.5 143.5 68.9 450.8
Line 31 Net increase in liabilities and equity FA544194005 257.6 295.1 236.3 75.8 331.1 398.3 140.1 215.9 459.4
Line 32 Net increase in liabilities FA544190005 284.7 326.9 263.8 114.1 361.9 426.8 152.5 237.4 477.1
Line 33 Loans FA544141075 2.1 24.2 11.2 27.8 17.9 1.4 -2.1 104.2 29.1
Line 34 Security repurchase agreements FA542151073 -0.3 5.6 -5.7 12.0 -21.7 -8.7 -4.4 24.2 14.0
Line 35 Other loans and advances FA543169373 2.4 18.6 17.0 15.8 39.6 10.1 2.3 80.0 15.1
Line 36 Life insurance reserves FA543140005 18.3 65.3 -37.8 -12.1 3.5 -71.6 -71.2 54.1 42.8
Line 37 Pension entitlements(2) FA543150005 110.5 132.1 11.8 -26.2 27.8 -8.2 53.8 10.0 110.5
Line 38 Trade payables FA543170005 93.3 116.2 -13.8 -13.9 -13.9 -13.9 -13.5 14.3 76.0
Line 39 Taxes payable FA543178075 1.1 -1.8 0.4 -0.8 -1.9 2.4 1.6 -1.9 -3.1
Line 40 Foreign direct investment: intercompany debt FA543192375 -1.4 -1.0 -0.3 -0.3 -0.3 -0.8 0.3 -0.1 -0.3
Line 41 Miscellaneous liabilities FA543190005 60.8 -8.2 292.4 139.5 328.8 517.6 183.6 56.8 222.0
Line 42 Other investment by holding company parent FA543194703 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
Line 43 Funding agreements backing securities(3) FA673090543 12.3 30.9 60.1 52.4 84.2 84.7 19.1 42.2 39.7
Line 44 Other reserves(4) FA543195005 12.7 12.4 -0.8 -1.9 12.8 -4.7 -9.4 26.0 -2.9
Line 45 Unallocated insurance contracts FA593095005 -22.2 2.3 13.1 15.7 13.3 10.5 13.0 3.2 2.6
Line 46 Other FA543193005 58.0 -53.8 219.9 73.4 218.5 427.0 160.9 -14.6 182.6
Line 47 Net equity issues FA543181105 -27.1 -31.7 -27.5 -38.3 -30.8 -28.5 -12.5 -21.5 -17.7
Line 48 Corporate equity issues FA543164175 -24.0 -34.1 -24.7 -35.9 -26.8 -20.4 -15.7 -20.6 -19.1
Line 49 Foreign direct investment: equity FA543192173 -3.1 2.4 -2.8 -2.3 -3.9 -8.1 3.2 -0.9 1.4
Line 50 Equity investment by holding company parent FA543194603 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
Line 51 Discrepancy FA547005005 -11.3 -38.2 -16.1 -64.3 -9.2 -0.4 9.5 -46.4 -178.0
 
Memo:
Line 52 Securities lending(5) FA543200073 -1.1 4.9 13.1 18.2 16.3 -13.0 30.8 -23.9 19.7
Line 53 Direct reserve FA543176015 110.0 235.9 66.1 51.8 178.8 26.0 7.8 178.3 193.4
Line 54 Reinsured to U.S. reinsurers FA543176025 32.9 15.8 -23.6 -23.6 -23.6 -23.6 -23.6 38.0 22.8
Line 55 Reinsured to non-U.S. reinsurers FA543076035 182.0 133.5 -23.3 -23.2 -23.2 -23.3 -23.3 60.2 35.6
Line 56 Reinsured from non-U.S. reinsurers FA543176035 -8.1 1.4 -0.0 0.0 0.0 -0.0 0.0 0.3 0.1

Notes:

  1. Additional detail on the financial assets and liabilities held in life insurer's general and separate accounts is available on life insurance companies: general accounts and life insurance companies: separate accounts tables (S1281.1.t and S1281.2.t).
  2. Annuity reserves held by life insurance companies, excluding unallocated contracts held by pension funds, which are included in pension entitlements.
  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 unidentified miscellaneous liabilities.
Last Update: September 11, 2026