Financial Accounts of the United States - Z.1
F.116.g Life Insurance Companies General Accounts
Billions of dollars; quarterly figures are seasonally adjusted annual rates| Description | Series code | 2021 | 2022 | 2023 | 2024 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 | 2025 Q1 | Line |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Life insurance companies, general accounts; total financial assets | FA544090075 | 330.8 | 387.0 | 342.4 | 451.6 | 455.7 | 383.8 | 542.0 | 424.9 | 407.0 | 1 |
| Life insurance companies, general accounts; checkable deposits and currency, including those held by U.S. captive reinsurers; asset | FA543020075 | -4.9 | -10.9 | 24.1 | 1.8 | -6.7 | -5.4 | 44.2 | -24.9 | -17.8 | 2 |
| Life insurance companies, general accounts; money market fund shares, including those held by U.S. captive reinsurers; asset | FA543034075 | 1.1 | 2.5 | 25.6 | -0.7 | -6.2 | -5.3 | 26.7 | -17.9 | -19.6 | 3 |
| Life insurance companies, general accounts; security repurchase agreements, including those held by U.S. captive reinsurers; asset | FA542051075 | 1.6 | -5.4 | 1.0 | -0.2 | -0.7 | -0.7 | 0.8 | -0.4 | 1.8 | 4 |
| Life insurance companies, general accounts; debt securities; asset | FA544022075 | 130.6 | 142.9 | 49.7 | 165.2 | 214.0 | 127.8 | 159.0 | 160.1 | 156.4 | 5 |
| Life insurance companies, general accounts; commercial paper, including those held by U.S. captive reinsurers; asset | FA543069175 | 2.0 | -6.7 | 4.5 | 4.7 | -2.4 | -4.1 | 15.0 | 10.1 | 1.6 | 6 |
| Life insurance companies, general accounts; Treasury securities, including those held by U.S. captive reinsurers; asset | FA543061175 | -8.3 | -2.2 | 5.5 | 9.6 | 12.7 | 9.4 | 3.8 | 12.5 | 0.1 | 7 |
| Life insurance companies, general accounts; agency- and GSE-backed securities, including those held by U.S. captive reinsurers; asset | FA543061775 | -27.4 | -20.1 | 1.6 | 0.8 | 13.4 | 7.7 | -16.9 | -1.0 | 13.1 | 8 |
| Life insurance companies, general accounts; municipal securities, including those held by U.S. captive reinsurers; asset | FA543062075 | 0.4 | 2.7 | -10.2 | -12.3 | -8.4 | -18.5 | -15.2 | -7.3 | -6.8 | 9 |
| Life insurance companies, general accounts; corporate and foreign bonds; asset | FA543063075 | 163.9 | 169.2 | 48.3 | 162.5 | 198.7 | 133.2 | 172.3 | 145.8 | 148.5 | 10 |
| Life insurance companies, general accounts; loans; asset | FA544023075 | 41.7 | 60.1 | 33.4 | 68.0 | 53.6 | 61.6 | 86.3 | 70.5 | 33.8 | 11 |
| Life insurance companies, general accounts; other loans and advances; asset | FA543069075 | 4.1 | 1.5 | -0.6 | 13.9 | 14.7 | 9.4 | 13.1 | 18.5 | 10.4 | 12 |
| Life insurance companies, general accounts; total mortgages, including those held by U.S. captive reinsurers; asset | FA543065075 | 37.7 | 58.7 | 34.0 | 54.1 | 38.9 | 52.2 | 73.3 | 52.0 | 23.5 | 13 |
| Life insurance companies, general accounts; U.S. direct investment abroad: intercompany debt (market value) | FA543092375 | -0.5 | -0.2 | -0.0 | -0.3 | -0.0 | -0.6 | -0.2 | -0.3 | -0.4 | 14 |
| Life insurance companies, general accounts; corporate equities, including those held by U.S. captive reinsurers; asset | FA543064175 | 13.6 | 1.5 | -0.8 | 6.5 | 3.0 | -0.1 | 12.5 | 10.8 | 8.4 | 15 |
| Life insurance companies, general accounts; U.S. direct investment abroad: equity (market value) | FA543092173 | -1.5 | 3.4 | 8.6 | 12.3 | 12.3 | 16.7 | 1.5 | 18.7 | 7.0 | 16 |
| Life insurance companies, general accounts; equity in FHLB; asset | FA543092473 | 1.3 | -1.0 | 0.8 | 1.8 | 2.0 | 1.4 | 1.8 | 1.8 | 1.7 | 17 |
| Life insurance companies, general accounts; mutual fund shares, including those held by U.S. captive reinsurers; asset | FA543064275 | -0.7 | -0.1 | -2.7 | -0.7 | 0.3 | -0.7 | -0.2 | -2.3 | 5.1 | 18 |
| Life insurance companies, general accounts; life insurance reserve credit from reinsurers; asset | FA543040075 | 22.2 | -5.6 | 45.6 | -4.1 | -4.1 | -4.1 | -4.1 | -4.1 | 12.1 | 19 |
| Life insurance companies, general accounts; pension entitlements reserve credit from reinsurers; asset | FA543050075 | 88.7 | 104.5 | 91.0 | 129.9 | 129.9 | 130.0 | 129.9 | 129.9 | 117.5 | 20 |
| Life insurance companies, general accounts; trade receivables from insurers; liability | FA543070075 | 10.0 | -3.9 | 8.1 | 6.7 | 6.7 | 6.7 | 6.7 | 6.7 | -0.3 | 21 |
| Life insurance companies, general accounts; total miscellaneous assets | FA543090075 | 27.5 | 99.2 | 58.1 | 65.4 | 51.5 | 56.4 | 77.1 | 76.3 | 101.2 | 22 |
| Life insurance companies, general accounts; total liabilities and equity | FA544194075 | 255.6 | 264.2 | 327.9 | 373.1 | 471.8 | 310.3 | 418.1 | 292.1 | 382.3 | 23 |
| Life insurance companies, general accounts; total liabilities | FA544190075 | 279.6 | 287.5 | 352.5 | 409.2 | 507.0 | 341.1 | 447.0 | 341.9 | 423.2 | 24 |
| Life insurance companies, general accounts; security repurchase agreements; liability | FA542151073 | 1.5 | 15.8 | -0.3 | 5.6 | 1.7 | 1.6 | 13.5 | 5.7 | 14.3 | 25 |
| Life insurance companies, general accounts; FHLB advances; liability | FA543169373 | 6.9 | 22.1 | 2.4 | 18.6 | 20.7 | 27.5 | 10.6 | 15.6 | 15.8 | 26 |
| Life insurance companies, general accounts; foreign direct investment in U.S.: intercompany debt; liability (market value) | FA543192375 | -1.6 | -5.2 | -0.8 | -0.7 | 0.1 | -0.7 | -1.2 | -0.9 | -1.4 | 27 |
| Life insurance companies, general accounts; life insurance reserves, including reserve credit from reinsurers; liability | FA543140075 | 75.2 | 36.3 | 45.8 | 17.2 | 50.9 | 8.9 | -13.5 | 22.3 | 77.9 | 28 |
| Life insurance companies, general accounts; pension entitlements, including reserve credit from reinsurers and excluding unallocated insurance contracts; liability (1) | FA543150075 | 80.2 | 123.5 | 168.8 | 156.3 | 180.3 | 168.7 | 99.1 | 177.0 | 179.3 | 29 |
| Life insurance companies, general accounts; trade payables to insurers; liability | FA543170075 | 66.8 | 16.3 | 93.4 | 116.8 | 116.8 | 116.8 | 116.8 | 116.8 | 100.7 | 30 |
| Life insurance companies, general accounts; total taxes payable; liability | FA543178075 | -0.5 | -1.1 | 1.1 | -1.8 | 2.3 | -6.6 | 2.4 | -5.3 | -0.8 | 31 |
| Life insurance companies, general accounts; total miscellaneous liabilities | FA543190075 | 51.1 | 79.8 | 42.1 | 97.3 | 134.3 | 25.0 | 219.3 | 10.6 | 37.4 | 32 |
| Life insurance companies; equity and investment fund shares excluding mutual fund shares and money market fund shares; liability (IMA) | FA543181105 | -24.0 | -23.3 | -24.7 | -36.2 | -35.2 | -30.8 | -28.8 | -49.8 | -40.8 | 33 |
| Life insurance companies, general accounts; corporate equities; liability | FA543164175 | -25.4 | -30.3 | -24.0 | -34.1 | -44.7 | -20.3 | -23.6 | -47.7 | -34.6 | 34 |
| Life insurance companies, general accounts; foreign direct investment in U.S.: equity; liability (market value) | FA543192173 | 1.4 | 7.0 | -0.7 | -2.0 | 9.5 | -10.5 | -5.2 | -2.0 | -6.2 | 35 |
| Life insurance companies; equity investment by parent holding company; liability | FA543194603 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 36 |
NOTES
- Annuity reserves held by life insurance companies, excluding unallocated contracts held by pension funds, which are included in miscellaneous liabilities (line 32).
Last Update: June 12, 2025