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 | 2017 | 2018 | 2019 | 2020 | 2020 Q1 | 2020 Q2 | 2020 Q3 | 2020 Q4 | 2021 Q1 | Line |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Life insurance companies; total financial assets | FL544090005 | 7747.3 | 7566.4 | 8507.2 | 9406.1 | 8294.1 | 8853.7 | 9028.4 | 9406.1 | 9250.8 | 1 |
| Life insurance companies; checkable deposits and currency; asset | FL543020005 | 91.1 | 90.7 | 94.7 | 127.7 | 143.6 | 148.5 | 132.1 | 127.7 | 121.3 | 2 |
| Life insurance companies; money market fund shares; asset | FL543034005 | 48.2 | 55.0 | 58.6 | 66.5 | 88.4 | 84.6 | 73.0 | 66.5 | 62.5 | 3 |
| Life insurance companies, general accounts; security repurchase agreements, including those held by U.S. captive reinsurers; asset | FL542051075 | 2.0 | 2.2 | 6.3 | 8.2 | 9.6 | 8.5 | 10.6 | 8.2 | 7.0 | 4 |
| Life insurance companies; debt securities; asset | LM544022005 | 3591.2 | 3509.2 | 4023.0 | 4431.5 | 3964.5 | 4257.3 | 4345.0 | 4431.5 | 4221.9 | 5 |
| Life insurance companies; commercial paper; asset | FL543069105 | 38.1 | 33.1 | 28.8 | 34.0 | 38.3 | 34.8 | 40.4 | 34.0 | 31.1 | 6 |
| Life insurance companies; Treasury securities; asset | LM543061105 | 228.3 | 203.7 | 215.3 | 240.7 | 233.2 | 235.2 | 242.6 | 240.7 | 225.4 | 7 |
| Life insurance companies; agency- and GSE-backed securities; asset | LM543061705 | 386.6 | 364.9 | 388.4 | 366.4 | 397.5 | 381.9 | 377.4 | 366.4 | 348.9 | 8 |
| Life insurance companies; municipal securities; asset | LM543062005 | 197.8 | 190.0 | 215.0 | 234.2 | 214.8 | 222.1 | 227.4 | 234.2 | 231.6 | 9 |
| Life insurance companies; corporate and foreign bonds; asset | LM543063005 | 2740.5 | 2717.5 | 3175.5 | 3556.2 | 3080.7 | 3383.2 | 3457.2 | 3556.2 | 3385.0 | 10 |
| Life insurance companies; loans; asset | FL544023005 | 670.3 | 730.5 | 780.6 | 807.8 | 792.8 | 794.7 | 796.4 | 807.8 | 809.8 | 11 |
| Life insurance companies; other loans and advances; asset | FL543069005 | 163.6 | 162.4 | 161.4 | 163.1 | 166.2 | 163.8 | 163.9 | 163.1 | 163.8 | 12 |
| Life insurance companies; total mortgages; asset | FL543065005 | 506.7 | 568.1 | 619.2 | 644.7 | 626.6 | 630.9 | 632.6 | 644.7 | 646.0 | 13 |
| Life insurance companies; corporate equities; asset | LM543064105 | 622.9 | 538.0 | 644.6 | 729.8 | 556.1 | 623.4 | 658.6 | 729.8 | 750.5 | 14 |
| Life insurance companies; mutual fund shares; asset | LM543064205 | 1572.3 | 1402.5 | 1599.0 | 1702.1 | 1300.3 | 1487.1 | 1551.6 | 1702.1 | 1732.4 | 15 |
| Life insurance companies; trade receivables from insurers; liability | FL543070005 | 102.2 | 101.5 | 108.0 | 130.4 | 112.9 | 120.1 | 124.8 | 130.4 | 134.1 | 16 |
| Life insurance companies; life insurance reserve credit from reinsurers; asset | FL543040005 | 286.6 | 250.4 | 257.1 | 262.7 | 258.4 | 260.2 | 261.3 | 262.7 | 260.6 | 17 |
| Life insurance companies; pension entitlements reserve credit from reinsurers; asset | FL543050005 | 91.4 | 191.4 | 199.5 | 291.3 | 219.7 | 249.1 | 268.3 | 291.3 | 292.3 | 18 |
| Life insurance companies, general accounts; U.S. direct investment abroad (market value); asset | LM543092073 | 87.9 | 65.3 | 87.4 | 87.4 | 67.1 | 77.2 | 78.7 | 87.4 | 88.8 | 19 |
| Life insurance companies; total miscellaneous assets | FL543090005 | 581.3 | 629.8 | 648.5 | 760.6 | 780.7 | 743.0 | 727.9 | 760.6 | 769.5 | 20 |
| Life insurance companies, general accounts; equity in FHLB; asset | FL543092473 | 4.2 | 4.7 | 5.2 | 8.0 | 6.0 | 7.0 | 7.3 | 8.0 | 8.5 | 21 |
| Life insurance companies, general accounts; deferred and unpaid life insurance premiums; asset | FL543077073 | 33.1 | 35.0 | 36.5 | 36.6 | 39.0 | 38.1 | 37.7 | 36.6 | 38.7 | 22 |
| Life insurance companies; accident and health reserve credit from reinsurers; asset | FL543095105 | 69.8 | 74.3 | 77.6 | 86.4 | 79.6 | 82.4 | 84.2 | 86.4 | 85.9 | 23 |
| Life insurance companies; unidentified miscellaneous assets | FL543093005 | 474.2 | 515.8 | 529.2 | 629.6 | 656.1 | 615.6 | 598.7 | 629.6 | 636.3 | 24 |
| Life insurance companies; total liabilities | FL544190005 | 7129.6 | 7108.1 | 7653.7 | 8383.1 | 7551.4 | 7865.2 | 8031.5 | 8383.1 | 8406.0 | 25 |
| Life insurance companies, general accounts; security repurchase agreements; liability | FL542151073 | 21.4 | 24.1 | 17.5 | 18.6 | 25.4 | 21.4 | 25.5 | 18.6 | 15.2 | 26 |
| Life insurance companies, general accounts; FHLB advances; liability | FL543169373 | 74.8 | 81.1 | 88.7 | 103.9 | 107.7 | 108.2 | 103.6 | 103.9 | 112.3 | 27 |
| Life insurance companies; trade payables to insurers; liability | FL543170005 | 171.2 | 186.3 | 199.9 | 288.1 | 219.3 | 247.6 | 266.1 | 288.1 | 299.2 | 28 |
| Life insurance companies; life insurance reserves; liability | FL543140005 | 2008.8 | 2035.2 | 2122.4 | 2248.9 | 2122.6 | 2161.3 | 2195.6 | 2248.9 | 2237.6 | 29 |
| Life insurance companies; pension entitlements, including reserve credit from reinsurers and excluding unallocated insurance contracts; liability (2) | FL543150005 | 3221.6 | 3175.0 | 3485.9 | 3809.4 | 3265.8 | 3481.0 | 3589.7 | 3809.4 | 3822.9 | 30 |
| Life insurance companies, general accounts; total taxes payable; liability | FL543178075 | 10.6 | 7.7 | 8.1 | 9.0 | 10.6 | 11.8 | 8.3 | 9.0 | 10.2 | 31 |
| Life insurance companies, general accounts; foreign direct investment in U.S.: intercompany debt; liability (market value) | LM543192375 | 15.6 | 12.6 | 12.3 | 12.4 | 12.0 | 11.0 | 10.6 | 12.4 | 12.2 | 32 |
| Life insurance companies; total miscellaneous liabilities | FL543190005 | 1605.7 | 1586.1 | 1718.9 | 1892.7 | 1787.9 | 1822.9 | 1832.1 | 1892.7 | 1896.4 | 33 |
| Life insurance companies; net transactions due to holding companies; liability | FL543194733 | 15.8 | 4.8 | 5.9 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 34 |
| Issuers of asset-backed securities; funding agreements backing securities; asset (3) | FL673090543 | 83.0 | 86.0 | 92.3 | 111.3 | 98.1 | 102.5 | 108.0 | 111.3 | 119.2 | 35 |
| Life insurance companies; insurance reserves, excluding life insurance reserves and pension entitlements; liability (4) | FL543195005 | 382.4 | 408.7 | 426.6 | 445.8 | 429.2 | 435.2 | 442.1 | 445.8 | 448.1 | 36 |
| Pension funds; unallocated insurance contracts; asset | FL593095005 | 805.3 | 788.4 | 843.6 | 877.8 | 806.7 | 833.2 | 848.8 | 877.8 | 877.2 | 37 |
| Life insurance companies; unidentified miscellaneous liabilities | FL543193005 | 319.3 | 298.2 | 350.5 | 457.8 | 453.8 | 452.0 | 433.3 | 457.8 | 451.9 | 38 |
| Life insurance companies, general accounts; foreign direct investment in U.S.: equity; liability (market value) | LM543192173 | 161.9 | 139.7 | 170.4 | 237.2 | 136.5 | 165.0 | 175.5 | 237.2 | 253.4 | 39 |
| Life insurance companies, general accounts; securities lending; liability (5) | FL543200073 | 49.0 | 42.6 | 44.7 | 48.1 | 46.4 | 47.0 | 46.8 | 48.1 | 52.3 | 40 |
| Life insurance companies; direct reserve credit; liability | FL543176015 | 6165.0 | 6114.9 | 6584.4 | 7099.6 | 6350.0 | 6635.9 | 6797.2 | 7099.6 | 7117.4 | 41 |
| Life insurance companies; reserve credit reinsured to U.S. reinsurers; liability | FL543176025 | 639.0 | 705.1 | 733.6 | 860.9 | 761.6 | 802.4 | 829.1 | 860.9 | 858.9 | 42 |
| Life insurance companies; reserve credit reinsured to non-U.S. reinsurers; asset | FL543076035 | 363.5 | 444.4 | 460.6 | 549.1 | 480.0 | 508.4 | 526.9 | 549.1 | 547.9 | 43 |
| Life insurance companies; reserve credit reinsured from non-U.S. reinsurers; liability | FL543176035 | 25.7 | 26.0 | 27.0 | 5.4 | 22.2 | 15.3 | 10.8 | 5.4 | 5.4 | 44 |
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 37.
- 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 38.
Last Update: June 10, 2021