L.116 Life Insurance Companies (1)
Billions of dollars; amounts outstanding end of period, not seasonally adjusted
Description Series code 2018 2019 2020 2020 Q1 2020 Q2 2020 Q3 2020 Q4 2021 Q1 2021 Q2 Line
Life insurance companies; total financial assets FL544090005 7566.4 8514.5 9420.3 8283.4 8854.3 9031.5 9420.3 9263.9 9568.0 1
Life insurance companies; checkable deposits and currency; asset FL543020005 90.7 94.7 127.7 143.6 148.5 132.1 127.7 121.3 140.2 2
Life insurance companies; money market fund shares; asset FL543034005 55.0 58.6 66.5 88.4 84.6 73.0 66.5 62.5 66.7 3
Life insurance companies, general accounts; security repurchase agreements, including those held by U.S. captive reinsurers; asset FL542051075 2.2 6.3 8.2 9.6 8.5 10.6 8.2 7.0 7.1 4
Life insurance companies; debt securities; asset LM544022005 3509.2 4023.0 4431.5 3964.5 4257.3 4345.0 4431.5 4221.9 4333.3 5
Life insurance companies; commercial paper; asset FL543069105 33.1 28.8 34.0 38.3 34.8 40.4 34.0 31.1 31.8 6
Life insurance companies; Treasury securities; asset LM543061105 203.7 215.3 240.7 233.2 235.2 242.6 240.7 225.4 233.4 7
Life insurance companies; agency- and GSE-backed securities; asset LM543061705 364.9 388.4 366.4 397.5 381.9 377.4 366.4 348.9 348.2 8
Life insurance companies; municipal securities; asset LM543062005 190.0 215.0 234.2 214.8 222.1 227.4 234.2 231.6 234.1 9
Life insurance companies; corporate and foreign bonds; asset LM543063005 2717.5 3175.5 3556.2 3080.7 3383.2 3457.2 3556.2 3385.0 3485.8 10
Life insurance companies; loans; asset FL544023005 730.5 780.6 807.8 792.8 794.7 796.4 807.8 809.8 820.2 11
Life insurance companies; other loans and advances; asset FL543069005 162.4 161.4 163.1 166.2 163.8 163.9 163.1 163.8 164.7 12
Life insurance companies; total mortgages; asset FL543065005 568.1 619.2 644.7 626.6 630.9 632.6 644.7 646.0 655.5 13
Life insurance companies; corporate equities; asset LM543064105 538.0 644.6 729.8 556.1 623.4 658.6 729.8 750.6 809.3 14
Life insurance companies; mutual fund shares; asset LM543064205 1402.5 1599.0 1702.1 1300.3 1487.1 1551.6 1702.1 1732.4 1794.2 15
Life insurance companies; trade receivables from insurers; liability FL543070005 101.5 108.0 130.4 112.9 120.1 124.8 130.4 130.6 133.1 16
Life insurance companies; life insurance reserve credit from reinsurers; asset FL543040005 250.4 257.1 262.7 258.4 260.2 261.3 262.7 260.6 264.1 17
Life insurance companies; pension entitlements reserve credit from reinsurers; asset FL543050005 191.4 199.5 291.3 219.7 249.1 268.3 291.3 292.3 297.2 18
Life insurance companies, general accounts; U.S. direct investment abroad (market value); asset LM543092073 63.3 84.4 89.8 65.7 75.2 76.6 89.8 94.0 97.8 19
Life insurance companies; total miscellaneous assets FL543090005 631.7 658.8 772.4 771.3 745.6 733.2 772.4 780.9 805.0 20
Life insurance companies, general accounts; equity in FHLB; asset FL543092473 4.7 5.2 7.8 6.0 7.0 7.3 7.8 8.5 8.7 21
Life insurance companies, general accounts; deferred and unpaid life insurance premiums; asset FL543077073 35.0 36.5 36.6 39.0 38.1 37.7 36.6 38.7 37.9 22
Life insurance companies; accident and health reserve credit from reinsurers; asset FL543095105 74.3 77.6 86.4 79.6 82.4 84.2 86.4 86.3 86.8 23
Life insurance companies; unidentified miscellaneous assets FL543093005 517.7 539.4 641.6 646.7 618.1 604.0 641.6 647.3 671.7 24
Life insurance companies; total liabilities FL544190005 7108.1 7653.7 8383.1 7551.4 7865.2 8031.5 8383.1 8406.4 8606.9 25
Life insurance companies, general accounts; security repurchase agreements; liability FL542151073 24.1 17.5 18.6 25.4 21.4 25.5 18.6 15.2 15.4 26
Life insurance companies, general accounts; FHLB advances; liability FL543169373 81.1 88.7 103.9 107.7 108.2 103.6 103.9 112.3 108.8 27
Life insurance companies; trade payables to insurers; liability FL543170005 186.3 199.9 288.1 219.3 247.6 266.1 288.1 288.5 290.8 28
Life insurance companies; life insurance reserves; liability FL543140005 2035.2 2122.4 2248.9 2122.6 2161.3 2195.6 2248.9 2237.6 2278.7 29
Life insurance companies; pension entitlements, including reserve credit from reinsurers and excluding unallocated insurance contracts; liability (2) FL543150005 3175.0 3483.6 3799.6 3262.3 3470.5 3579.6 3799.6 3808.8 3920.3 30
Life insurance companies, general accounts; total taxes payable; liability FL543178075 7.7 8.1 9.0 10.6 11.8 8.3 9.0 10.2 7.7 31
Life insurance companies, general accounts; foreign direct investment in U.S.: intercompany debt; liability (market value) LM543192375 11.7 12.4 13.2 12.0 11.7 11.4 13.2 12.4 12.2 32
Life insurance companies; total miscellaneous liabilities FL543190005 1587.0 1721.2 1901.7 1791.4 1832.7 1841.5 1901.7 1921.5 1973.0 33
Life insurance companies; net transactions due to holding companies; liability FL543194733 4.8 5.9 0.0 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 86.0 92.3 113.2 98.1 102.5 109.0 113.2 123.9 138.8 35
Life insurance companies; insurance reserves, excluding life insurance reserves and pension entitlements; liability (4) FL543195005 408.7 426.6 445.8 429.2 435.2 442.1 445.8 448.6 449.7 36
Pension funds; unallocated insurance contracts; asset FL593095005 788.4 845.9 885.7 810.3 843.6 857.9 885.7 886.6 909.0 37
Life insurance companies; unidentified miscellaneous liabilities FL543193005 299.1 350.5 457.0 453.7 451.2 432.6 457.0 462.4 475.4 38
Life insurance companies, general accounts; foreign direct investment in U.S.: equity; liability (market value) LM543192173 131.6 184.5 244.7 147.8 176.5 185.8 244.7 250.4 273.8 39
Life insurance companies, general accounts; securities lending; liability (5) FL543200073 42.6 44.7 48.1 46.4 47.0 46.8 48.1 52.3 55.4 40
Life insurance companies; direct reserve credit; liability FL543176015 6114.9 6584.4 7099.6 6350.0 6635.9 6797.2 7099.6 7117.8 7301.0 41
Life insurance companies; reserve credit reinsured to U.S. reinsurers; liability FL543176025 705.1 733.6 860.9 761.6 802.4 829.1 860.9 859.1 874.3 42
Life insurance companies; reserve credit reinsured to non-U.S. reinsurers; asset FL543076035 444.4 460.6 549.1 480.0 508.4 526.9 549.1 548.4 556.5 43
Life insurance companies; reserve credit reinsured from non-U.S. reinsurers; liability FL543176035 26.0 27.0 5.4 22.2 15.3 10.8 5.4 5.4 5.5 44

NOTES

  1. 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.
  2. Annuity reserves held by life insurance companies, excluding unallocated contracts held by pension funds, which are shown on line 37.
  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 line 38.
Last Update: September 23, 2021