S.63.a Insurance Companies
Billions of dollars
Description Series code 2013 2014 2015 2016 2017 2018 2019 2020 Line
Insurance companies; gross value added (IMA) FA526902505 236.4 330.0 390.2 415.7 383.4 414.6 440.8 474.4 1
Insurance companies; consumption of fixed capital, structures, equipment, and intellectual property products, including noncorporate financial, current cost basis (IMA) FA526300081 29.3 31.0 32.1 34.0 35.9 37.7 40.5 43.7 2
Insurance companies; net value added (IMA) FA526902605 207.1 299.0 358.2 381.8 347.5 376.9 400.4 430.8 3
Insurance companies; compensation of employees paid (IMA) FA526025005 133.9 138.4 143.7 143.4 150.4 155.5 162.9 172.8 4
Insurance companies; wages and salaries paid (IMA) FA526020001 113.3 117.4 121.8 121.2 127.3 131.5 139.0 148.6 5
Insurance companies; employers' social contributions paid (IMA) FA526401001 20.6 20.9 21.9 22.2 23.1 24.0 24.0 24.2 6
Insurance companies; taxes on production and imports less subsidies, payable (IMA) FA526240101 23.9 33.8 38.6 40.1 30.7 45.9 34.2 49.9 7
Insurance companies; operating surplus, net (IMA) FA526402101 49.3 126.8 175.9 198.3 166.4 175.4 203.3 208.1 8
Insurance companies; net national income/balance of primary incomes, net (IMA) FA526140005 5.8 61.4 69.2 99.6 81.9 100.2 147.1 89.8 9
Insurance companies; operating surplus, net (IMA) FA526402101 49.3 126.8 175.9 198.3 166.4 175.4 203.3 208.1 10
Insurance companies; property income (received) (IMA) FA526150105 287.5 288.4 275.7 272.8 291.3 310.5 307.4 254.1 11
Insurance companies; interest received (IMA) FA526130101 255.6 262.2 253.6 256.6 267.9 268.3 274.1 224.3 12
Insurance companies; dividends received (IMA) FA526121101 16.2 17.2 18.9 17.9 18.2 48.3 28.7 17.6 13
Insurance companies; reinvested earnings on U.S. direct investment abroad; received (IMA) FA523092281 15.7 9.1 3.3 -1.6 5.1 -6.1 4.6 12.2 14
Insurance companies; uses of property income (paid) (IMA) FA526150005 331.0 353.8 382.5 371.5 375.7 385.7 363.6 372.4 15
Insurance companies; interest paid (IMA) FA526130001 300.0 334.7 357.5 341.8 343.1 350.5 346.3 354.2 16
Insurance companies; distributed income of corporations, paid (IMA) FA526120005 23.4 20.1 18.8 22.9 32.5 27.4 16.0 18.6 17
Insurance companies; dividends paid (IMA) FA526121001 18.4 15.1 14.4 18.6 28.7 23.6 13.3 16.0 18
Insurance companies; withdrawals from income of quasi-corporations, paid (IMA) (1) FA526122001 5.1 5.0 4.5 4.3 3.7 3.8 2.7 2.6 19
Insurance companies; reinvested earnings on foreign direct investment in U.S.; paid (IMA) FA523192281 7.6 -1.0 6.1 6.8 0.2 7.8 1.2 -0.3 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 5.8 61.4 69.2 99.6 81.9 100.2 147.1 89.8 22
Insurance companies; current taxes on income, wealth, etc. paid (IMA) FA526220001 33.1 38.5 42.2 38.3 26.9 28.2 23.6 17.5 23
Insurance companies; other current transfers paid (IMA) FA526403001 -68.1 -38.8 -16.4 27.6 -17.6 -8.5 18.2 -5.3 24
Insurance companies; disposable income, net; net saving including foreign earnings retained abroad and CCAdj (IMA) FA526012005 40.7 61.8 43.4 33.6 72.6 80.5 105.2 77.6 25
Insurance companies; disposable income, net; net saving including foreign earnings retained abroad and CCAdj (IMA) FA526012005 40.7 61.8 43.4 33.6 72.6 80.5 105.2 77.6 26
Insurance companies; net saving including foreign earnings retained abroad and CCAdj less net capital transfers paid FA526006385 40.7 61.8 43.4 33.6 12.5 63.6 105.2 77.6 27
Insurance companies; disposable income, net; net saving including foreign earnings retained abroad and CCAdj (IMA) FA526012005 40.7 61.8 43.4 33.6 72.6 80.5 105.2 77.6 28
Insurance companies; net capital transfers paid, including financial stabilization payments (IMA) FA525440083 0.0 0.0 0.0 0.0 60.2 16.9 0.0 0.0 29
Insurance companies; capital formation, net (IMA) FA525015085 4.0 0.7 5.9 5.7 4.3 4.3 6.4 5.9 30
Insurance companies; gross fixed capital formation (IMA) FA525013081 33.3 31.7 38.0 39.7 40.2 42.0 46.9 49.6 31
Insurance companies; consumption of fixed capital, structures, equipment, and intellectual property products, including noncorporate financial, current cost basis (IMA) FA526300081 29.3 31.0 32.1 34.0 35.9 37.7 40.5 43.7 32
Insurance companies; net lending (+) or borrowing (-) (capital account) (IMA) FA525000995 36.8 61.1 37.5 28.0 8.2 59.3 98.8 71.7 33
Insurance companies; net lending (+) or borrowing (-) (capital account) (IMA) FA525000995 36.8 61.1 37.5 28.0 8.2 59.3 98.8 71.7 34
Insurance companies; total financial assets FA524090005 122.7 175.3 239.1 216.0 180.1 245.8 221.7 497.7 35
Insurance companies; checkable deposits and currency; asset FA523020005 -15.2 11.6 7.1 -15.0 21.9 -2.1 21.4 35.5 36
Insurance companies; debt securities; asset FA524022005 134.6 89.5 119.9 187.0 113.7 134.0 151.8 237.4 37
Insurance companies; commercial paper; asset FA523069105 11.0 -8.7 -6.7 13.3 -17.5 -7.1 -3.9 4.4 38
Insurance companies; Treasury securities; asset FA523061105 -7.7 20.6 5.8 31.9 33.2 -20.8 -13.4 8.0 39
Insurance companies; agency- and GSE-backed securities; asset (2) FA523061705 -12.7 -13.2 -8.6 15.7 12.3 21.8 4.9 -17.2 40
Insurance companies; municipal securities; asset FA523062005 8.1 -8.2 18.4 10.7 -3.8 -41.4 -5.7 0.0 41
Insurance companies; corporate and foreign bonds; asset FA523063005 135.8 99.1 110.8 115.5 89.5 181.5 169.8 242.1 42
Insurance companies; total loans including security repurchase agreements; asset FA524035005 16.9 37.0 42.8 33.4 43.2 66.0 54.5 28.3 43
Insurance companies; short-term loans including security repurchase agreements; asset FA524041005 -4.5 12.4 -0.4 -3.5 0.6 -1.1 3.7 3.8 44
Insurance companies; long-term loans; asset FA524042005 21.4 24.6 43.2 36.9 42.6 67.1 50.8 24.6 45
Insurance companies; equity and investment fund shares; asset (IMA) FA523081005 -26.4 -42.9 5.0 -91.4 -57.5 -107.7 -76.2 -81.0 46
Insurance companies; corporate equities; asset FA523064105 -8.8 -21.9 25.4 -21.7 3.9 -24.3 -0.6 -21.2 47
Insurance companies; mutual fund shares; asset FA523064205 -19.7 -32.8 -30.0 -48.1 -74.6 -88.2 -86.5 -98.3 48
Insurance companies; money market fund shares; asset FA523034005 -13.9 2.4 6.2 -20.3 7.6 9.4 6.1 17.8 49
Insurance companies; equity in FHLB; asset (2) FA523092405 0.9 0.1 0.5 0.4 0.4 0.5 0.6 3.1 50
Insurance companies; U.S. direct investment abroad: equity; asset (market value) FA523092105 15.1 9.3 3.0 -1.7 5.2 -5.1 4.2 17.6 51
Insurance companies; insurance, pension and standardized guarantee schemes; asset (IMA) FA523052005 27.9 1.8 30.8 55.2 84.9 79.2 29.7 109.8 52
Insurance companies; other accounts receivable; asset (IMA) FA523096005 -15.1 78.2 33.4 46.8 -26.2 76.4 40.6 167.6 53
Insurance companies; total liabilities and equity FA524194005 126.9 138.9 170.6 239.4 205.3 146.0 197.5 488.9 54
Issuers of asset-backed securities; funding agreements backing securities; asset FA673090543 -9.0 7.6 2.9 6.7 12.0 3.1 6.2 20.9 55
Insurance companies; total loans including security repurchase agreements; liability FA524135005 3.0 6.4 13.7 13.3 4.5 2.2 1.2 22.8 56
Insurance companies; short-term loans including security repurchase agreements; liability FA524141005 8.7 2.5 6.2 9.9 6.2 9.3 1.2 22.8 57
Insurance companies; foreign direct investment in U.S.: intercompany debt; liability (market value) FA523192305 -5.7 3.9 7.4 3.4 -1.7 -7.1 0.0 0.0 58
Insurance companies; equity and investment fund shares excluding mutual fund shares and money market fund shares; liability (IMA) FA523181105 -6.7 -32.6 -0.5 5.6 -25.1 -12.3 -20.5 -29.3 59
Insurance companies; corporate equities; liability FA523164105 -16.8 -31.8 -32.0 -25.2 -28.9 -21.5 -24.9 -18.6 60
Insurance companies; foreign direct investment in U.S.: equity; liability (market value) FA523192105 17.7 -1.7 31.9 29.7 0.8 19.1 2.4 -0.8 61
Insurance companies; net transactions due to holding companies; liability FA523194735 -7.6 0.9 -0.3 1.1 3.1 -9.8 2.0 -9.8 62
Insurance companies; insurance, pension and standardized guarantee schemes; liability (IMA) FA523152005 116.4 112.9 172.8 167.3 144.0 153.3 119.8 258.3 63
Insurance companies; other accounts payable; liability FA523196005 23.2 44.6 -18.3 46.5 69.9 -0.2 90.7 216.1 64
Insurance companies; net lending (+) or borrowing (-) (financial account) FA525000005 -4.2 36.4 68.5 -23.4 -25.2 99.7 24.2 8.8 65
Insurance companies; total other volume changes (IMA) FV528090185 -45.7 -25.1 31.6 -50.5 -35.9 44.2 -85.4 -77.5 66
Insurance companies; nonfinancial assets (does not include land) FV522010095 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 67
Insurance companies; other volume changes (IMA) FV528090085 -4.7 -0.4 0.6 0.8 -2.5 3.8 -10.7 -14.6 68
Insurance companies; statistical discrepancy (IMA) (3) FU527005045 41.0 24.7 -31.1 51.3 33.4 -40.4 74.6 62.9 69
Insurance companies; nonfinancial assets (does not include land) FR522010095 4.2 2.8 1.2 1.7 4.3 8.6 5.9 2.7 70
Insurance companies; nonresidential structures, current cost basis FR525013665 4.6 3.4 2.8 2.4 4.9 8.3 6.6 1.9 71
Insurance companies; nonresidential equipment, current cost basis FR525013265 -0.3 -0.1 -0.7 -0.4 -0.1 0.4 -0.5 0.1 72
Insurance companies; nonresidential intellectual property products, current cost basis FR525013765 -0.1 -0.5 -0.9 -0.2 -0.4 -0.1 -0.2 0.7 73
Insurance companies; revaluation on debt securities and equity and investment fund shares; asset (IMA) FR524090085 184.7 272.4 -264.3 184.2 484.1 -402.1 1001.3 599.0 74
Insurance companies; debt securities; asset FR524022005 -206.8 148.4 -168.7 27.2 101.4 -194.6 436.2 248.5 75
Insurance companies; U.S. direct investment abroad: intercompany debt; asset (market value) FR523092305 -0.9 1.9 0.2 -0.5 0.3 -1.3 -0.1 0.0 76
Insurance companies; corporate equities; asset FR523064105 145.3 43.5 -26.5 50.9 120.5 -79.2 209.0 131.1 77
Insurance companies; mutual fund shares; asset FR523064205 224.7 76.1 -31.4 91.1 211.6 -84.5 287.4 205.4 78
Insurance companies; U.S. direct investment abroad: equity; asset (market value) FR523092105 22.4 2.4 -38.0 15.5 50.2 -42.5 68.8 14.0 79
Insurance companies; revaluation of equity and investment fund shares and insurance, pension and standardized guarantee schemes; liability (IMA) FR524190085 387.4 210.7 -52.3 167.6 424.7 -245.9 637.8 369.2 80
Insurance companies; foreign direct investment in U.S.: intercompany debt; liability (market value) FR523192305 -0.0 -0.4 0.1 -2.3 0.9 0.6 0.5 -0.1 81
Insurance companies; corporate equities; liability FR523164105 122.2 59.1 -11.0 66.8 88.8 -62.9 144.5 -22.1 82
Insurance companies; foreign direct investment in U.S.: equity; liability (market value) FR523192105 -17.5 31.1 18.4 -9.5 47.2 -63.6 97.6 92.9 83
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 84
Insurance companies; insurance, pension and standardized guarantee schemes; liability (IMA) FR523152005 282.7 121.0 -59.8 112.6 287.8 -120.1 395.3 298.5 85
Insurance companies; changes in net worth due to nominal holding gains/losses (IMA) FR528200005 -198.5 64.5 -210.8 18.4 63.7 -147.6 369.3 232.5 86
Insurance companies; net worth (IMA) FC522090095 -203.4 101.2 -135.8 1.5 40.4 -39.8 389.2 232.6 87
Insurance companies and pension funds; total assets (does not include land) FL522000095 8863.4 9315.7 9297.7 9738.9 10411.1 10268.0 11505.1 12611.7 88
Insurance companies; nonfinancial assets (does not include land) (4) LM522010095 248.6 253.2 260.4 267.8 275.9 289.2 302.8 312.4 89
Insurance companies; nonresidential structures, current cost basis LM525013665 154.5 157.3 161.8 164.2 169.1 177.0 182.9 183.8 90
Insurance companies; nonresidential equipment, current cost basis LM525013265 45.8 45.8 45.7 45.7 45.6 46.4 47.3 48.3 91
Insurance companies; nonresidential intellectual property products, current cost basis LM525013765 48.2 50.1 53.0 57.9 61.2 65.7 72.6 80.3 92
Insurance companies; total financial assets FL524090005 8614.9 9062.5 9037.3 9471.1 10135.3 9978.8 11202.3 12299.3 93
Insurance companies; checkable deposits and currency; asset FL523020005 86.5 98.1 105.2 101.1 123.0 120.9 142.3 177.8 94
Insurance companies; debt securities; asset LM524022005 4063.6 4301.6 4252.8 4473.3 4688.4 4627.8 5215.8 5701.7 95
Insurance companies; commercial paper; asset FL523069105 69.0 60.3 53.6 66.9 49.4 42.3 38.4 42.9 96
Insurance companies; Treasury securities; asset LM523061105 274.5 310.5 310.1 334.2 377.9 360.5 368.7 398.2 97
Insurance companies; agency- and GSE-backed securities; asset (2) LM523061705 485.4 504.2 477.4 480.8 501.7 491.8 538.1 511.7 98
Insurance companies; municipal securities; asset LM523062005 497.4 520.2 534.8 535.9 536.7 481.6 500.2 532.1 99
Insurance companies; corporate and foreign bonds; asset LM523063005 2737.3 2906.5 2876.8 3055.4 3222.7 3251.5 3770.3 4216.9 100
Insurance companies; total loans including security repurchase agreements; asset FL524035005 539.0 577.9 620.9 653.8 697.3 762.1 816.5 844.8 101
Insurance companies; short-term loans including security repurchase agreements; asset FL524041005 157.9 170.3 169.9 166.4 167.0 166.0 169.7 173.4 102
Insurance companies; long-term loans; asset FL524042005 381.1 407.6 451.0 487.4 530.3 596.1 646.8 671.4 103
Insurance companies; total mortgages; asset FL523065005 374.5 398.4 443.4 480.9 524.5 588.6 642.0 669.0 104
Insurance companies; U.S. direct investment abroad: intercompany debt; asset (market value) FL523092305 6.6 9.1 7.5 6.5 5.8 7.5 4.7 2.4 105
Insurance companies; equity and investment fund shares; asset (IMA) FL523081005 2569.3 2648.4 2557.7 2623.8 2948.8 2634.9 3123.8 3393.4 106
Insurance companies; corporate equities; asset LM523064105 860.2 881.8 880.8 910.0 1034.4 930.9 1139.3 1249.3 107
Insurance companies; mutual fund shares; asset LM523064205 1433.7 1477.0 1415.6 1458.7 1595.7 1423.0 1623.9 1731.0 108
Insurance companies; money market fund shares; asset FL523034005 71.9 74.4 80.5 60.2 67.8 77.2 83.3 101.1 109
Insurance companies; equity in FHLB; asset (2) FL523092405 3.0 3.1 3.5 3.9 4.3 4.8 5.4 8.5 110
Insurance companies; U.S. direct investment abroad: equity; asset (market value) FL523092105 200.5 212.2 177.2 191.0 246.5 198.9 271.9 303.5 111
Insurance companies; insurance, pension and standardized guarantee schemes; asset (IMA) FL523052005 607.4 609.2 640.1 695.3 780.2 859.2 889.4 999.5 112
Insurance companies; other accounts receivable; asset (IMA) FL523096005 749.1 827.3 860.7 923.8 897.6 974.0 1014.5 1182.2 113
Insurance companies; total liabilities and net worth (IMA) FL522100005 8863.4 9315.7 9297.7 9738.9 10411.1 10268.0 11505.1 12611.7 114
Insurance companies; total liabilities and equity FL524194005 8076.4 8427.5 8545.3 8985.0 9616.9 9513.5 10361.4 11235.4 115
Issuers of asset-backed securities; funding agreements backing securities; asset FL673090543 53.8 61.5 64.3 71.0 83.0 86.0 92.3 113.2 116
Insurance companies; total loans including security repurchase agreements; liability FL524135005 94.7 100.7 114.5 125.5 130.9 133.7 135.4 158.1 117
Insurance companies; short-term loans including security repurchase agreements; liability FL524141005 74.6 77.0 83.3 93.2 99.4 108.7 109.9 132.7 118
Insurance companies; foreign direct investment in U.S.: intercompany debt; liability (market value) FL523192305 20.1 23.7 31.2 32.3 31.5 25.0 25.5 25.4 119
Insurance companies; equity and investment fund shares excluding mutual fund shares and money market fund shares; liability (IMA) FL523181105 690.5 748.1 755.0 817.9 928.8 790.0 1011.6 1053.1 120
Insurance companies; corporate equities; liability LM523164105 497.6 524.9 481.9 523.5 583.4 498.9 618.6 577.8 121
Insurance companies; foreign direct investment in U.S.: equity; liability (market value) FL523192105 176.9 206.3 256.6 276.8 324.8 280.3 380.3 472.4 122
Insurance companies; net transactions due to holding companies; liability FL523194735 15.9 16.8 16.5 17.6 20.6 10.8 12.8 2.9 123
Insurance companies; insurance, pension and standardized guarantee schemes; liability (IMA) FL523152005 6592.3 6826.2 6939.2 7236.6 7668.3 7701.5 8216.7 8773.5 124
Insurance companies; other accounts payable; liability FL523196005 645.1 691.1 672.3 734.1 805.9 802.2 905.5 1137.5 125
Insurance companies; net worth (IMA) FL522090095 787.0 888.2 752.4 753.9 794.3 754.5 1143.7 1376.3 126

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: March 10, 2022