S.63.a Insurance Companies
Billions of dollars
Description Series code 2014 2015 2016 2017 2018 2019 2020 2021 Line
Insurance companies; gross value added (IMA) FA526902505 330.0 390.2 415.7 383.6 415.0 441.4 441.8 441.7 1
Insurance companies; consumption of fixed capital, structures, equipment, and intellectual property products, including noncorporate financial, current cost basis (IMA) FA526300081 31.0 32.1 34.0 35.9 37.8 40.7 44.8 50.4 2
Insurance companies; net value added (IMA) FA526902605 299.0 358.2 381.8 347.7 377.1 400.7 397.0 391.3 3
Insurance companies; compensation of employees paid (IMA) FA526025005 138.4 143.7 143.4 150.4 155.5 163.0 172.4 170.8 4
Insurance companies; wages and salaries paid (IMA) FA526020001 117.4 121.8 121.2 127.3 131.5 139.0 148.7 147.0 5
Insurance companies; employers' social contributions paid (IMA) FA526401001 20.9 21.9 22.2 23.1 24.0 24.0 23.7 23.8 6
Insurance companies; taxes on production and imports less subsidies, payable (IMA) FA526240101 33.8 38.6 40.1 30.7 46.0 34.3 50.1 37.0 7
Insurance companies; operating surplus, net (IMA) FA526402101 126.8 175.9 198.3 166.5 175.6 203.4 174.5 183.4 8
Insurance companies; net national income/balance of primary incomes, net (IMA) FA526140005 61.4 69.2 99.6 82.0 101.9 161.3 89.0 72.2 9
Insurance companies; operating surplus, net (IMA) FA526402101 126.8 175.9 198.3 166.5 175.6 203.4 174.5 183.4 10
Insurance companies; property income (received) (IMA) FA526150105 288.4 275.7 272.8 291.6 312.4 331.8 275.1 245.8 11
Insurance companies; interest received (IMA) FA526130101 262.2 253.6 256.6 268.2 268.7 290.0 243.5 215.4 12
Insurance companies; dividends received (IMA) FA526121101 17.2 18.9 17.9 18.2 48.3 36.4 17.8 15.4 13
Insurance companies; reinvested earnings on U.S. direct investment abroad; received (IMA) FA523092281 9.1 3.3 -1.6 5.1 -4.6 5.4 13.8 14.9 14
Insurance companies; uses of property income (paid) (IMA) FA526150005 353.8 382.5 371.5 376.1 386.1 373.9 360.6 357.0 15
Insurance companies; interest paid (IMA) FA526130001 334.7 357.5 341.8 343.4 350.9 348.0 344.6 328.2 16
Insurance companies; distributed income of corporations, paid (IMA) FA526120005 20.1 18.8 22.9 32.5 27.4 23.6 15.9 24.9 17
Insurance companies; dividends paid (IMA) FA526121001 15.1 14.4 18.6 28.7 23.6 20.8 14.2 22.8 18
Insurance companies; withdrawals from income of quasi-corporations, paid (IMA) (1) FA526122001 5.0 4.5 4.3 3.7 3.8 2.8 1.7 2.1 19
Insurance companies; reinvested earnings on foreign direct investment in U.S.; paid (IMA) FA523192281 -1.0 6.1 6.8 0.2 7.8 2.4 0.1 3.9 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 61.4 69.2 99.6 82.0 101.9 161.3 89.0 72.2 22
Insurance companies; current taxes on income, wealth, etc. paid (IMA) FA526220001 38.5 42.2 38.3 25.6 29.6 29.0 25.1 26.9 23
Insurance companies; other current transfers paid (IMA) FA526403001 -38.8 -16.4 27.6 -18.1 -8.7 20.3 -3.8 12.6 24
Insurance companies; disposable income, net; net saving including foreign earnings retained abroad and CCAdj (IMA) FA526012005 61.8 43.4 33.6 74.5 81.1 112.0 67.7 32.8 25
Insurance companies; disposable income, net; net saving including foreign earnings retained abroad and CCAdj (IMA) FA526012005 61.8 43.4 33.6 74.5 81.1 112.0 67.7 32.8 26
Insurance companies; net saving including foreign earnings retained abroad and CCAdj less net capital transfers paid FA526006385 61.8 43.4 33.6 18.0 64.2 112.0 67.7 10.1 27
Insurance companies; disposable income, net; net saving including foreign earnings retained abroad and CCAdj (IMA) FA526012005 61.8 43.4 33.6 74.5 81.1 112.0 67.7 32.8 28
Insurance companies; net capital transfers paid, including financial stabilization payments (IMA) FA525440083 0.0 0.0 0.0 56.5 16.9 0.0 0.0 22.7 29
Insurance companies; capital formation, net (IMA) FA525015085 0.7 5.9 5.7 4.5 4.6 6.8 11.3 12.7 30
Insurance companies; gross fixed capital formation (IMA) FA525013081 31.7 38.0 39.7 40.4 42.5 47.5 56.1 63.1 31
Insurance companies; consumption of fixed capital, structures, equipment, and intellectual property products, including noncorporate financial, current cost basis (IMA) FA526300081 31.0 32.1 34.0 35.9 37.8 40.7 44.8 50.4 32
Insurance companies; net lending (+) or borrowing (-) (capital account) (IMA) FA525000995 61.1 37.5 28.0 13.5 59.5 105.2 56.4 -2.6 33
Insurance companies; net lending (+) or borrowing (-) (capital account) (IMA) FA525000995 61.1 37.5 28.0 13.5 59.5 105.2 56.4 -2.6 34
Insurance companies; total financial assets FA524090005 188.1 220.6 229.4 194.5 245.8 246.3 491.3 272.7 35
Insurance companies; checkable deposits and currency; asset FA523020005 11.6 7.1 -15.0 21.9 -2.1 21.4 35.5 14.2 36
Insurance companies; debt securities; asset FA524022005 89.3 119.7 187.1 113.9 133.8 151.6 238.3 242.2 37
Insurance companies; commercial paper; asset FA523069105 -8.7 -6.7 13.3 -17.5 -7.1 -3.9 4.4 2.6 38
Insurance companies; Treasury securities; asset FA523061105 20.6 5.8 31.9 33.2 -20.8 -13.4 7.8 29.1 39
Insurance companies; agency- and GSE-backed securities; asset (2) FA523061705 -13.2 -8.6 15.7 12.3 21.8 4.9 -17.2 -52.5 40
Insurance companies; municipal securities; asset FA523062005 -8.2 18.4 10.7 -3.8 -41.4 -5.7 0.0 -0.1 41
Insurance companies; corporate and foreign bonds; asset FA523063005 98.9 110.6 115.6 89.6 181.4 169.7 243.1 263.1 42
Insurance companies; total loans including security repurchase agreements; asset FA524035005 38.8 43.0 33.4 43.0 64.9 54.5 28.9 53.0 43
Insurance companies; short-term loans including security repurchase agreements; asset FA524041005 12.6 -0.2 -3.6 0.5 -0.9 3.9 3.9 5.5 44
Insurance companies; long-term loans; asset FA524042005 26.2 43.3 36.9 42.6 65.8 50.6 25.0 47.5 45
Insurance companies; equity and investment fund shares; asset (IMA) FA523081005 -44.5 5.0 -91.4 -57.5 -106.4 -75.4 -77.1 -201.1 46
Insurance companies; corporate equities; asset FA523064105 -21.9 25.4 -21.7 3.9 -24.3 -0.6 -20.7 -77.0 47
Insurance companies; mutual fund shares; asset FA523064205 -32.8 -30.0 -48.1 -74.6 -88.2 -86.5 -98.3 -137.1 48
Insurance companies; money market fund shares; asset FA523034005 2.4 6.2 -20.3 7.6 9.4 6.1 17.8 -5.5 49
Insurance companies; equity in FHLB; asset (2) FA523092405 0.1 0.5 0.4 0.4 0.5 0.6 3.1 1.1 50
Insurance companies; U.S. direct investment abroad: equity; asset (market value) FA523092105 7.6 3.0 -1.7 5.2 -3.8 5.0 21.1 17.3 51
Insurance companies; insurance, pension and standardized guarantee schemes; asset (IMA) FA523052005 1.8 30.8 55.2 84.9 79.2 29.7 109.9 143.7 52
Insurance companies; other accounts receivable; asset (IMA) FA523096005 91.0 15.0 60.1 -11.7 76.5 64.6 155.7 20.8 53
Insurance companies; total liabilities and equity FA524194005 138.9 170.6 239.5 205.4 146.5 201.4 490.3 282.2 54
Issuers of asset-backed securities; funding agreements backing securities; asset FA673090543 7.6 2.9 6.7 12.0 3.1 6.0 23.2 40.5 55
Insurance companies; total loans including security repurchase agreements; liability FA524135005 6.4 13.7 13.3 4.5 2.2 2.4 22.3 4.6 56
Insurance companies; short-term loans including security repurchase agreements; liability FA524141005 2.5 6.2 9.9 6.2 9.3 1.2 22.8 5.2 57
Insurance companies; foreign direct investment in U.S.: intercompany debt; liability (market value) FA523192305 3.9 7.4 3.4 -1.7 -7.1 1.2 -0.6 -0.6 58
Insurance companies; equity and investment fund shares excluding mutual fund shares and money market fund shares; liability (IMA) FA523181105 -32.4 0.3 4.2 -25.5 -12.1 -18.8 -25.5 -25.8 59
Insurance companies; corporate equities; liability FA523164105 -31.8 -32.0 -25.1 -28.9 -21.0 -24.7 -18.4 -33.9 60
Insurance companies; foreign direct investment in U.S.: equity; liability (market value) FA523192105 -1.7 31.9 29.7 0.8 19.1 5.2 0.1 7.0 61
Insurance companies; equity investment by holding companies; liability FA523194605 1.1 0.4 -0.4 2.5 -10.1 0.7 -7.2 1.1 62
Insurance companies; insurance, pension and standardized guarantee schemes; liability (IMA) FA523152005 112.9 172.8 167.3 144.0 153.3 120.0 256.3 152.8 63
Insurance companies; other accounts payable; liability FA523196005 44.4 -19.0 48.0 70.4 0.1 91.8 214.1 110.1 64
Insurance companies; net lending (+) or borrowing (-) (financial account) FA525000005 49.1 50.1 -10.1 -10.9 99.3 44.8 0.9 -9.5 65
Insurance companies; total other volume changes (IMA) FV528090185 -26.9 0.2 -17.4 -34.6 65.7 -93.6 -96.4 -14.4 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 -14.9 -12.4 20.7 -10.2 25.9 -33.3 -40.9 -7.4 68
Insurance companies; statistical discrepancy (IMA) (3) FU527005045 12.0 -12.6 38.0 24.4 -39.8 60.3 55.5 7.0 69
Insurance companies; nonfinancial assets (does not include land) FR522010095 2.8 1.2 1.7 4.7 8.4 6.0 3.8 34.1 70
Insurance companies; nonresidential structures, current cost basis FR525013665 3.4 2.8 2.4 4.9 8.3 6.6 2.8 31.9 71
Insurance companies; nonresidential equipment, current cost basis FR525013265 -0.1 -0.7 -0.4 0.1 0.3 -0.4 0.2 2.6 72
Insurance companies; nonresidential intellectual property products, current cost basis FR525013765 -0.5 -0.9 -0.2 -0.4 -0.2 -0.1 0.8 -0.4 73
Insurance companies; revaluation on debt securities and equity and investment fund shares; asset (IMA) FR524090085 259.6 -245.2 170.2 469.7 -402.2 976.7 605.6 390.8 74
Insurance companies; debt securities; asset FR524022005 148.4 -168.7 27.2 101.4 -194.6 436.2 247.5 -171.2 75
Insurance companies; U.S. direct investment abroad: intercompany debt; asset (market value) FR523092305 0.3 0.1 -0.5 0.3 -0.0 -0.0 0.0 0.0 76
Insurance companies; corporate equities; asset FR523064105 43.5 -26.5 50.9 120.5 -79.2 209.0 130.7 233.9 77
Insurance companies; mutual fund shares; asset FR523064205 76.1 -31.4 91.1 211.6 -84.5 287.4 205.4 285.2 78
Insurance companies; U.S. direct investment abroad: equity; asset (market value) FR523092105 -8.7 -18.9 1.5 35.8 -43.8 44.1 22.1 42.9 79
Insurance companies; revaluation of equity and investment fund shares and insurance, pension and standardized guarantee schemes; liability (IMA) FR524190085 196.2 -65.3 187.4 416.9 -223.8 627.8 357.0 603.2 80
Insurance companies; foreign direct investment in U.S.: intercompany debt; liability (market value) FR523192305 -0.4 0.1 -2.3 0.9 0.6 -0.5 -0.2 -1.1 81
Insurance companies; corporate equities; liability FR523164105 59.1 -11.0 66.9 88.8 -62.9 144.7 -22.1 170.2 82
Insurance companies; foreign direct investment in U.S.: equity; liability (market value) FR523192105 16.5 5.4 10.3 39.5 -41.4 88.3 81.0 94.2 83
Insurance companies; equity investment by holding companies; liability FR523194605 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 121.0 -59.8 112.6 287.8 -120.1 395.3 298.3 339.9 85
Insurance companies; changes in net worth due to nominal holding gains/losses (IMA) FR528200005 66.2 -178.7 -15.5 57.4 -169.9 355.0 252.5 -178.3 86
Insurance companies; net worth (IMA) FC522090095 101.2 -135.2 0.8 40.8 -40.0 373.3 223.8 -182.6 87
Insurance companies and pension funds; total assets (does not include land) FL522000095 9315.7 9298.3 9738.9 10411.7 10268.7 11506.3 12620.5 13333.0 88
Insurance companies; nonfinancial assets (does not include land) (4) LM522010095 253.2 260.4 267.8 276.4 289.9 304.0 321.2 370.0 89
Insurance companies; nonresidential structures, current cost basis LM525013665 157.3 161.8 164.2 169.1 176.9 182.8 186.4 218.5 90
Insurance companies; nonresidential equipment, current cost basis LM525013265 45.8 45.7 45.7 45.9 46.6 47.3 49.2 53.9 91
Insurance companies; nonresidential intellectual property products, current cost basis LM525013765 50.1 53.0 57.9 61.4 66.3 73.9 85.6 97.5 92
Insurance companies; total financial assets FL524090005 9062.5 9037.9 9471.1 10135.3 9978.8 11202.3 12299.3 12963.0 93
Insurance companies; checkable deposits and currency; asset FL523020005 98.1 105.2 101.1 123.0 120.9 142.3 177.8 192.0 94
Insurance companies; debt securities; asset LM524022005 4301.6 4252.6 4473.2 4688.4 4627.7 5215.5 5701.2 5772.2 95
Insurance companies; commercial paper; asset FL523069105 60.3 53.6 66.9 49.4 42.3 38.4 42.9 45.4 96
Insurance companies; Treasury securities; asset LM523061105 310.5 310.1 334.2 377.9 360.5 368.7 398.2 419.3 97
Insurance companies; agency- and GSE-backed securities; asset (2) LM523061705 504.2 477.4 480.8 501.7 491.8 538.1 511.7 448.3 98
Insurance companies; municipal securities; asset LM523062005 520.2 534.8 535.9 536.7 481.6 500.2 532.1 524.3 99
Insurance companies; corporate and foreign bonds; asset LM523063005 2906.4 2876.6 3055.3 3222.7 3251.4 3770.1 4216.4 4334.9 100
Insurance companies; total loans including security repurchase agreements; asset FL524035005 577.9 621.1 653.9 697.3 762.2 816.6 845.6 898.5 101
Insurance companies; short-term loans including security repurchase agreements; asset FL524041005 170.3 170.1 166.5 167.0 166.1 170.0 173.9 179.3 102
Insurance companies; long-term loans; asset FL524042005 407.6 451.0 487.4 530.3 596.1 646.7 671.7 719.2 103
Insurance companies; total mortgages; asset FL523065005 398.4 443.4 480.9 524.5 588.6 642.0 669.0 718.5 104
Insurance companies; U.S. direct investment abroad: intercompany debt; asset (market value) FL523092305 9.1 7.5 6.5 5.8 7.5 4.6 2.7 0.6 105
Insurance companies; equity and investment fund shares; asset (IMA) FL523081005 2648.4 2557.7 2623.8 2948.8 2635.0 3136.1 3436.3 3780.1 106
Insurance companies; corporate equities; asset LM523064105 881.8 880.8 910.0 1034.4 930.9 1139.3 1249.3 1406.2 107
Insurance companies; mutual fund shares; asset LM523064205 1477.0 1415.6 1458.7 1595.7 1423.0 1623.9 1731.0 1879.1 108
Insurance companies; money market fund shares; asset FL523034005 74.4 80.5 60.2 67.8 77.2 83.3 101.1 95.7 109
Insurance companies; equity in FHLB; asset (2) FL523092405 3.1 3.5 3.9 4.3 4.8 5.4 8.5 9.6 110
Insurance companies; U.S. direct investment abroad: equity; asset (market value) FL523092105 212.2 177.2 191.0 246.5 199.0 284.1 346.4 389.5 111
Insurance companies; insurance, pension and standardized guarantee schemes; asset (IMA) FL523052005 609.2 640.1 695.3 780.2 859.2 889.4 999.5 1143.3 112
Insurance companies; other accounts receivable; asset (IMA) FL523096005 827.3 861.4 923.8 897.6 973.9 1002.4 1138.9 1176.8 113
Insurance companies; total liabilities and net worth (IMA) FL522100005 9315.7 9298.3 9738.9 10411.7 10268.7 11506.3 12620.5 13333.0 114
Insurance companies; total liabilities and equity FL524194005 8427.5 8545.3 8985.1 9617.1 9514.2 10378.4 11268.9 12164.0 115
Issuers of asset-backed securities; funding agreements backing securities; asset FL673090543 61.1 64.0 70.7 82.6 85.7 91.8 114.9 155.4 116
Insurance companies; total loans including security repurchase agreements; liability FL524135005 100.7 114.5 125.5 130.9 133.7 135.5 157.6 161.1 117
Insurance companies; short-term loans including security repurchase agreements; liability FL524141005 77.0 83.3 93.2 99.4 108.7 109.9 132.7 137.9 118
Insurance companies; foreign direct investment in U.S.: intercompany debt; liability (market value) FL523192305 23.7 31.2 32.3 31.5 25.0 25.6 24.8 23.1 119
Insurance companies; equity and investment fund shares excluding mutual fund shares and money market fund shares; liability (IMA) FL523181105 747.8 755.5 817.0 927.4 788.9 1025.6 1086.1 1318.1 120
Insurance companies; corporate equities; liability LM523164105 524.9 481.9 523.6 583.6 499.6 619.6 579.1 715.4 121
Insurance companies; foreign direct investment in U.S.: equity; liability (market value) FL523192105 206.3 256.6 276.8 324.8 280.3 396.2 504.5 599.1 122
Insurance companies; equity investment by holding companies; liability FL523194605 16.6 17.0 16.6 19.1 9.0 9.7 2.5 3.6 123
Insurance companies; insurance, pension and standardized guarantee schemes; liability (IMA) FL523152005 6826.5 6939.5 7236.9 7668.6 7701.8 8217.2 8771.8 9264.5 124
Insurance companies; other accounts payable; liability FL523196005 691.3 671.8 735.1 807.5 804.1 908.4 1138.5 1264.9 125
Insurance companies; net worth (IMA) FL522090095 888.2 753.1 753.8 794.6 754.5 1127.8 1351.6 1169.0 126

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: December 9, 2022