S.63.a Insurance Companies
Billions of dollars
Description Series code 2011 2012 2013 2014 2015 2016 2017 2018 Line
Insurance companies; gross value added (IMA) FA526902505 254.0 270.6 237.9 329.6 396.3 421.9 384.6 431.0 1
Insurance companies; consumption of fixed capital, structures, equipment, and intellectual property products, including noncorporate financial, current cost basis (IMA) FA526300081 26.2 27.2 29.3 31.0 32.1 33.9 35.9 38.4 2
Insurance companies; net value added (IMA) FA526902605 227.7 243.4 208.6 298.6 364.2 388.0 348.7 392.7 3
Insurance companies; compensation of employees paid (IMA) FA526025005 127.1 132.1 133.9 138.4 143.7 143.4 150.9 155.6 4
Insurance companies; wages and salaries paid (IMA) FA526020001 107.0 112.1 113.3 117.4 121.8 121.2 127.4 131.4 5
Insurance companies; employers' social contributions paid (IMA) FA526401001 20.1 20.1 20.6 21.0 21.9 22.2 23.5 24.2 6
Insurance companies; taxes on production and imports less subsidies, payable (IMA) FA526240101 22.5 22.9 24.1 34.1 38.6 40.3 31.2 45.8 7
Insurance companies; operating surplus, net (IMA) FA526402101 78.2 88.4 50.6 126.2 181.8 204.3 166.6 191.2 8
Insurance companies; net national income/balance of primary incomes, net (IMA) FA526140005 13.7 5.1 -1.1 50.1 77.3 113.5 42.0 83.5 9
Insurance companies; operating surplus, net (IMA) FA526402101 78.2 88.4 50.6 126.2 181.8 204.3 166.6 191.2 10
Insurance companies; property income (received) (IMA) FA526150105 257.7 257.2 274.3 281.9 276.4 279.4 250.0 283.0 11
Insurance companies; interest received (IMA) FA526130101 242.3 238.7 255.9 262.5 255.0 257.3 229.3 243.2 12
Insurance companies; dividends received (IMA) FA526121101 13.0 15.5 16.2 17.2 18.9 17.9 16.0 33.3 13
Insurance companies; reinvested earnings on U.S. direct investment abroad; received (IMA) FA523092281 2.4 2.9 2.2 2.3 2.5 4.2 4.7 6.4 14
Insurance companies; uses of property income (paid) (IMA) FA526150005 322.2 340.4 326.0 357.9 380.9 370.2 374.7 390.7 15
Insurance companies; interest paid (IMA) FA526130001 306.0 314.8 300.4 335.6 359.6 343.1 341.6 347.6 16
Insurance companies; distributed income of corporations, paid (IMA) FA526120005 13.7 22.8 23.4 20.1 18.8 22.9 28.4 36.6 17
Insurance companies; dividends paid (IMA) FA526121001 10.8 19.1 18.4 15.1 14.4 18.6 24.6 32.8 18
Insurance companies; withdrawals from income of quasi-corporations, paid (IMA) (1) FA526122001 2.9 3.7 5.1 5.0 4.5 4.3 3.7 3.8 19
Insurance companies; reinvested earnings on foreign direct investment in U.S.; paid (IMA) FA523192281 2.4 2.9 2.2 2.3 2.5 4.2 4.7 6.4 20
Insurance companies; rents on land and natural resources paid (IMA) FA526112001 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 21
Insurance companies; net national income/balance of primary incomes, net (IMA) FA526140005 13.7 5.1 -1.1 50.1 77.3 113.5 42.0 83.5 22
Insurance companies; current taxes on income, wealth, etc. paid (IMA) FA526220001 22.5 28.5 33.1 38.5 42.2 38.4 28.0 22.3 23
Insurance companies; other current transfers paid (IMA) FA526403001 -14.3 -67.8 -66.9 -40.0 -11.0 33.5 -23.0 -5.4 24
Insurance companies; disposable income, net; net saving including foreign earnings retained abroad and CCAdj (IMA) FA526012005 5.6 44.4 32.6 51.7 46.2 41.6 36.9 66.6 25
Insurance companies; disposable income, net; net saving including foreign earnings retained abroad and CCAdj (IMA) FA526012005 5.6 44.4 32.6 51.7 46.2 41.6 36.9 66.6 26
Insurance companies; net saving including foreign earnings retained abroad and CCAdj less net capital transfers paid FA526006385 5.6 30.1 32.6 51.7 46.2 41.6 -23.2 49.7 27
Insurance companies; disposable income, net; net saving including foreign earnings retained abroad and CCAdj (IMA) FA526012005 5.6 44.4 32.6 51.7 46.2 41.6 36.9 66.6 28
Insurance companies; net capital transfers paid, including financial stabilization payments (IMA) FA525440083 0.0 14.3 0.0 0.0 0.0 0.0 60.2 16.9 29
Insurance companies; capital formation, net (IMA) FA525015085 -1.4 0.7 4.0 0.7 5.8 5.0 5.1 6.7 30
Insurance companies; gross fixed capital formation (IMA) FA525013081 24.8 27.8 33.3 31.7 37.9 39.0 41.0 45.0 31
Insurance companies; consumption of fixed capital, structures, equipment, and intellectual property products, including noncorporate financial, current cost basis (IMA) FA526300081 26.2 27.2 29.3 31.0 32.1 33.9 35.9 38.4 32
Insurance companies; net lending (+) or borrowing (-) (capital account) (IMA) FA525000995 7.0 29.4 28.6 51.0 40.4 36.6 -28.3 43.0 33
Insurance companies; net lending (+) or borrowing (-) (capital account) (IMA) FA525000995 7.0 29.4 28.6 51.0 40.4 36.6 -28.3 43.0 34
Insurance companies; total financial assets FA524090005 242.1 123.4 122.7 175.3 237.7 225.2 196.0 243.1 35
Insurance companies; checkable deposits and currency; asset FA523020005 -6.1 14.0 -15.2 11.6 7.1 -15.0 21.9 -2.1 36
Insurance companies; debt securities; asset FA524022005 77.5 44.6 132.3 93.9 120.7 181.1 110.1 132.7 37
Insurance companies; commercial paper; asset FA523069105 -11.5 17.0 11.0 -8.7 -6.7 13.3 -17.5 -7.1 38
Insurance companies; Treasury securities; asset FA523061105 15.5 -2.3 -7.7 20.6 5.8 31.9 33.2 -21.3 39
Insurance companies; agency- and GSE-backed securities; asset (2) FA523061705 0.6 -25.0 -12.7 -13.2 -8.6 15.7 12.3 20.9 40
Insurance companies; municipal securities; asset FA523062005 -28.7 1.1 8.1 -8.2 18.4 10.7 -3.8 -40.2 41
Insurance companies; corporate and foreign bonds; asset FA523063005 101.5 53.9 133.6 103.4 111.6 109.6 85.8 180.3 42
Insurance companies; total loans including security repurchase agreements; asset FA524035005 17.6 16.3 19.5 32.0 43.7 39.9 47.8 64.3 43
Insurance companies; loans including security repurchase agreements, excluding mortgages; asset FA524041005 1.3 3.3 -2.2 8.0 -1.3 2.4 4.3 0.1 44
Insurance companies; total mortgages; asset FA523065005 16.3 13.1 21.7 24.0 45.0 37.5 43.6 64.1 45
Insurance companies; equity and investment fund shares; asset (IMA) FA523081005 35.9 7.3 -26.7 -42.3 3.3 -92.3 -58.6 -102.6 46
Insurance companies; corporate equities; asset FA523064105 22.8 3.3 -8.8 -21.9 25.5 -21.7 3.9 -23.5 47
Insurance companies; mutual fund shares; asset FA523064205 6.1 1.7 -19.6 -32.8 -30.1 -48.1 -74.6 -88.1 48
Insurance companies; money market fund shares; asset FA523034005 3.3 -4.0 -13.9 2.4 6.2 -20.3 7.6 9.4 49
Insurance companies; equity in FHLB; asset (2) FA523092405 -0.8 0.1 0.9 0.1 0.5 0.4 0.4 0.5 50
Insurance companies; U.S. direct investment abroad; asset FA523092005 4.4 6.3 14.8 9.9 1.2 -2.5 4.1 -0.9 51
Insurance companies; insurance, pension and standardized guarantee schemes; asset (IMA) FA523052005 6.7 30.3 27.9 1.8 30.8 55.2 84.9 79.2 52
Insurance companies; other accounts receivable; asset (IMA) FA523096005 110.5 10.8 -15.1 78.2 32.2 56.3 -10.1 71.8 53
Insurance companies; total liabilities FA524190005 243.3 131.6 126.9 138.9 170.6 233.2 220.8 148.1 54
Issuers of asset-backed securities; funding agreements backing securities; asset FA673090543 -6.4 -0.4 -8.6 8.1 2.9 6.8 12.0 3.1 55
Insurance companies; short-term loans including security repurchase agreements; liability FA524141005 5.1 4.9 8.7 2.5 6.2 9.9 6.2 9.3 56
Insurance companies; equity and investment fund shares excluding mutual fund shares and money market fund shares; liability (IMA) FA523181105 -20.5 -2.6 -12.4 -28.7 6.9 10.7 -21.0 -16.6 57
Insurance companies; corporate equities; liability FA523164105 -22.3 -24.5 -16.8 -31.8 -32.0 -25.2 -29.0 -21.6 58
Insurance companies; foreign direct investment in U.S.; liability FA523192005 -7.5 9.9 12.0 2.3 39.3 34.8 4.9 14.8 59
Insurance companies; net transactions due to holding companies; liability FA523194735 9.3 12.0 -7.6 0.9 -0.3 1.1 3.1 -9.8 60
Insurance companies; insurance, pension and standardized guarantee schemes; liability (IMA) FA523152005 247.9 106.0 116.0 112.5 172.7 167.0 143.7 153.5 61
Insurance companies; other accounts payable; liability FA523196005 17.2 23.7 23.3 44.6 -18.2 38.8 79.9 -1.2 62
Insurance companies; net lending (+) or borrowing (-) (financial account) FA525000005 -1.2 -8.2 -4.2 36.4 67.2 -7.9 -24.7 95.0 63
Insurance companies; total other volume changes (IMA) FV528090185 -7.8 -57.7 -37.5 -15.0 27.4 -43.8 0.9 55.1 64
Insurance companies; nonfinancial assets (does not include land) FV522010095 0.0 -0.1 0.0 0.0 0.0 0.0 0.0 0.0 65
Insurance companies; other volume changes (IMA) FV528090085 0.4 -19.9 -4.7 -0.4 0.5 0.8 -2.6 3.1 66
Insurance companies; statistical discrepancy (IMA) (3) FU527005045 8.2 37.6 32.9 14.6 -26.8 44.5 -3.6 -52.0 67
Insurance companies; nonfinancial assets (does not include land) FR522010095 5.7 1.6 4.3 2.9 1.7 1.8 5.2 7.8 68
Insurance companies; nonresidential structures, current cost basis FR525013665 5.4 2.2 4.6 3.4 2.8 2.3 4.8 7.6 69
Insurance companies; nonresidential equipment, current cost basis FR525013265 0.3 -0.0 -0.3 -0.1 -0.7 -0.5 0.1 0.3 70
Insurance companies; nonresidential intellectual property products, current cost basis FR525013765 -0.0 -0.6 -0.1 -0.5 -0.4 -0.1 0.2 -0.0 71
Insurance companies; revaluation on debt securities and equity and investment fund shares; asset (IMA) FR524090085 131.6 306.7 184.7 272.4 -263.0 175.0 468.1 -399.4 72
Insurance companies; debt securities; asset FR524022005 197.9 81.9 -206.8 148.4 -168.5 27.2 101.4 -194.5 73
Insurance companies; corporate equities; asset FR523064105 -4.5 69.5 145.2 43.4 -26.5 50.9 120.4 -80.0 74
Insurance companies; mutual fund shares; asset FR523064205 -35.8 128.5 224.8 76.2 -31.4 91.1 211.8 -84.6 75
Insurance companies; U.S. direct investment abroad; asset FR523092005 -26.0 26.8 21.5 4.3 -36.6 5.7 34.6 -40.3 76
Insurance companies; revaluation of equity and investment fund shares and insurance, pension and standardized guarantee schemes; liability (IMA) FR524190085 -66.1 234.6 387.4 210.7 -52.2 216.2 431.8 -248.0 77
Insurance companies; corporate equities; liability FR523164105 -61.5 79.5 122.2 59.1 -11.0 66.8 88.8 -62.9 78
Insurance companies; foreign direct investment in U.S.; liability FR523192005 25.1 -14.9 -17.5 30.7 18.6 36.8 55.3 -65.1 79
Insurance companies; net transactions due to holding companies; liability FR523194735 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 80
Insurance companies; insurance, pension and standardized guarantee schemes; liability (IMA) FR523152005 -29.8 170.1 282.7 121.0 -59.8 112.6 287.8 -120.1 81
Insurance companies; changes in net worth due to nominal holding gains/losses (IMA) FR528200005 203.4 73.7 -198.4 64.5 -209.1 -39.5 41.5 -143.6 82
Insurance companies; net worth (IMA) FC522090095 201.2 46.1 -203.3 101.2 -135.6 -41.6 19.2 -38.8 83
Insurance companies and pension funds; total assets (does not include land) FL522000095 8115.5 8549.1 8864.1 9316.5 9298.8 9739.3 10413.0 10270.9 84
Insurance companies; nonfinancial assets (does not include land) (4) LM522010095 238.3 241.6 249.3 253.9 261.5 268.2 277.8 292.0 85
Insurance companies; nonresidential structures, current cost basis LM525013665 152.0 151.8 154.5 157.3 161.7 164.1 168.9 176.7 86
Insurance companies; nonresidential equipment, current cost basis LM525013265 45.0 45.3 45.8 45.8 45.7 45.7 46.5 47.8 87
Insurance companies; nonresidential intellectual property products, current cost basis LM525013765 41.3 44.5 49.0 50.9 54.1 58.4 62.3 67.6 88
Insurance companies; total financial assets FL524090005 7877.2 8307.5 8614.9 9062.5 9037.3 9471.1 10135.3 9978.8 89
Insurance companies; checkable deposits and currency; asset FL523020005 87.7 101.7 86.5 98.1 105.2 101.1 123.0 120.9 90
Insurance companies; debt securities; asset LM524022005 4010.4 4136.9 4062.5 4304.8 4256.9 4471.5 4682.9 4621.1 91
Insurance companies; commercial paper; asset LM523069105 41.0 58.0 69.0 60.3 53.6 66.9 49.4 42.3 92
Insurance companies; Treasury securities; asset LM523061105 305.0 298.0 274.5 310.5 310.1 334.2 377.9 360.5 93
Insurance companies; agency- and GSE-backed securities; asset (2) LM523061705 543.2 523.0 485.4 504.2 477.4 480.8 501.7 491.8 94
Insurance companies; municipal securities; asset LM523062005 505.4 504.4 497.4 520.2 534.8 535.9 536.7 481.6 95
Insurance companies; corporate and foreign bonds; asset LM523063005 2615.8 2753.5 2736.1 2909.7 2880.9 3053.6 3217.3 3244.9 96
Insurance companies; total loans including security repurchase agreements; asset FL524035005 497.8 514.1 533.5 565.5 609.2 649.1 697.0 761.2 97
Insurance companies; loans including security repurchase agreements, excluding mortgages; asset FL524041005 158.0 161.3 159.1 167.1 165.8 168.2 172.5 172.6 98
Insurance companies; total mortgages; asset FL523065005 339.7 352.8 374.5 398.4 443.4 480.9 524.5 588.6 99
Insurance companies; equity and investment fund shares; asset (IMA) FL523081005 1979.0 2211.1 2575.9 2657.6 2566.4 2622.0 2930.2 2622.6 100
Insurance companies; corporate equities; asset LM523064105 650.1 722.9 859.3 880.9 879.9 909.2 1033.4 929.9 101
Insurance companies; mutual fund shares; asset LM523064205 1099.3 1229.4 1434.6 1477.9 1416.5 1459.5 1596.7 1424.0 102
Insurance companies; money market fund shares; asset FL523034005 89.8 85.9 71.9 74.4 80.5 60.2 67.8 77.2 103
Insurance companies; equity in FHLB; asset (2) FL523092405 2.0 2.1 3.0 3.1 3.5 3.9 4.3 4.8 104
Insurance companies; U.S. direct investment abroad; asset LM523092005 137.7 170.8 207.1 221.3 185.9 189.1 227.9 186.6 105
Insurance companies; insurance, pension and standardized guarantee schemes; asset (IMA) FL523052005 549.1 579.5 607.4 609.2 640.1 695.3 780.2 859.2 106
Insurance companies; other accounts receivable; asset (IMA) FL523096005 753.3 764.2 749.1 827.3 859.5 932.1 922.0 993.8 107
Insurance companies; total liabilities and net worth (IMA) FL522100005 8115.5 8549.1 8864.1 9316.5 9298.8 9739.3 10413.0 10270.9 108
Insurance companies; total liabilities and equity FL524194005 7170.6 7558.0 8076.4 8427.5 8545.4 9027.6 9682.1 9578.7 109
Issuers of asset-backed securities; funding agreements backing securities; asset FL673090543 61.9 61.5 52.9 61.0 63.8 70.7 82.7 85.7 110
Insurance companies; short-term loans including security repurchase agreements; liability FL524141005 61.0 65.9 74.6 77.0 83.3 93.2 99.4 108.7 111
Insurance companies; equity and investment fund shares excluding mutual fund shares and money market fund shares; liability (IMA) FL523181105 620.2 623.2 710.6 771.7 786.3 900.5 1023.6 879.0 112
Insurance companies; corporate equities; liability LM523164105 337.2 392.2 497.6 524.9 481.9 523.5 583.3 498.9 113
Insurance companies; foreign direct investment in U.S.; liability LM523192005 207.7 202.6 197.0 230.0 287.9 359.5 419.6 369.3 114
Insurance companies; net transactions due to holding companies; liability FL523194735 75.3 28.4 15.9 16.8 16.5 17.6 20.6 10.8 115
Insurance companies; insurance, pension and standardized guarantee schemes; liability (IMA) FL523152005 5918.9 6194.9 6593.6 6827.1 6940.0 7237.1 7668.5 7702.0 116
Insurance companies; other accounts payable; liability FL523196005 508.6 612.4 644.7 690.7 672.0 726.1 807.9 803.3 117
Insurance companies; net worth (IMA) FL522090095 945.0 991.1 787.7 889.0 753.4 711.8 731.0 692.2 118

NOTES

  1. Consists of rental income of tenant-occupied housing and proprietors' income. Quasi-corporations are unincorporated enterprises that function as if they were corporations; they primarily cover their operating costs through sales, and they keep a complete set of financial records.
  2. Government-sponsored enterprises (GSEs) consist of Federal Home Loan Banks, Fannie Mae, Freddie Mac, Federal Agricultural Mortgage Corporation, Farm Credit System, the Financing Corporation, and the Resolution Funding Corporation, and they included the Student Loan Marketing Association until it was fully privatized in 2004:Q4.
  3. The statistical discrepancy is the difference between net lending or net borrowing derived in the capital account and the same concept derived in the financial account. The discrepancy reflects differences in source data, timing of recorded transactions, and other statistical differences between the capital and financial accounts.
  4. Excludes land.
Last Update: December 12, 2019