L.115 Property-Casualty Insurance Companies
Billions of dollars; amounts outstanding end of period, not seasonally adjusted
Description Series code 2021 2022 2023 2024 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1 Line
Property-casualty insurance companies; total financial assets FL514090005 3100.2 2977.9 3260.7 3423.5 3324.7 3369.5 3527.9 3423.5 3504.8 1
Property-casualty insurance companies; checkable deposits and currency, including those held by U.S. residual market reinsurers; asset FL513020005 72.7 50.3 58.2 60.3 55.7 54.3 58.8 60.3 56.9 2
Property-casualty insurance companies; money market fund shares, including those held by U.S. residual market reinsurers; asset FL513034005 31.5 42.9 45.1 55.4 45.1 45.8 51.7 55.4 50.9 3
Property-casualty insurance companies; security repurchase agreements, including those held by U.S. residual market reinsurers; asset FL512051005 2.2 2.3 0.4 1.0 0.5 0.9 1.3 1.0 1.1 4
Property-casualty insurance companies; debt securities; asset LM514022005 1320.1 1241.7 1363.7 1557.0 1409.2 1504.3 1642.3 1557.0 1659.8 5
Property-casualty insurance companies; commercial paper, including those held by U.S. residual market reinsurers; asset FL513069105 4.5 4.3 6.4 5.5 7.0 9.2 9.3 5.5 5.7 6
Property-casualty insurance companies; Treasury securities, including those held by U.S. residual market reinsurers; asset LM513061105 187.9 212.9 263.2 362.3 288.1 365.7 425.4 362.3 432.0 7
Property-casualty insurance companies; agency- and GSE-backed securities, including those held by U.S. residual market reinsurers; asset LM513061705 136.0 129.2 160.1 199.4 166.9 175.2 189.9 199.4 206.9 8
Property-casualty insurance companies; municipal securities, including those held by U.S. residual market reinsurers; asset LM513062005 289.4 246.1 221.6 206.4 213.2 209.5 214.1 206.4 202.0 9
Property-casualty insurance companies; corporate and foreign bonds, including those held by U.S. residual market reinsurers; asset LM513063005 702.4 649.2 712.3 783.5 734.0 744.7 803.6 783.5 813.2 10
Property-casualty insurance companies; commercial mortgages, including those held by U.S. residual market reinsurers; asset FL513065505 27.7 30.4 32.9 32.4 33.2 33.0 33.0 32.4 32.1 11
Property-casualty insurance companies; U.S. direct investment abroad: intercompany debt (market value) LM513092305 -1.2 -2.4 -2.3 -4.1 -1.9 -2.8 -3.7 -4.1 -4.3 12
Property-casualty insurance companies; corporate equities, including those held by U.S. residual market reinsurers; asset LM513064105 642.8 532.9 596.3 545.9 598.8 549.9 544.7 545.9 538.9 13
Property-casualty insurance companies; U.S. direct investment abroad: equity (market value) LM513092103 308.8 214.7 307.0 305.2 331.6 311.1 321.4 305.2 323.4 14
Property-casualty insurance companies; equity in FHLB; asset FL513092403 0.6 0.3 0.3 0.3 0.3 0.3 0.3 0.3 0.3 15
Property-casualty insurance companies; mutual fund shares, including those held by U.S. residual market reinsurers; asset LM513064205 36.2 30.8 34.0 37.1 35.9 35.3 37.2 37.1 35.4 16
Property-casualty insurance companies; trade receivables, including receivables for claims from reinsurers; asset FL513070005 233.4 259.7 304.3 298.0 311.7 311.5 308.0 298.0 312.0 17
Property-casualty insurance companies; total miscellaneous assets FL513090005 425.6 574.2 520.8 534.9 504.6 526.0 532.9 534.9 498.4 18
Property-casualty insurance companies; policy payables due from reinsurers; asset (1) FL513076005 349.8 376.6 391.7 418.0 398.3 404.8 411.4 418.0 428.2 19
Property-casualty insurance companies; balances due from holding company parent; asset FL513094703 0.4 1.2 0.0 0.0 0.0 0.0 0.0 0.0 0.0 20
Property-casualty insurance companies; unidentified miscellaneous assets FL513093005 75.4 196.3 129.1 116.9 106.4 121.2 121.5 116.9 70.2 21
Property-casualty insurance companies; total liabilities and equity FL514194005 3258.0 3331.9 3695.7 4169.3 3969.8 3958.9 4216.4 4169.3 4429.4 22
Property-casualty insurance companies; total liabilities FL514190005 1961.1 2098.4 2277.0 2378.9 2313.3 2347.7 2415.2 2378.9 2430.6 23
Property-casualty insurance companies; security repurchase agreements; liability FL512151003 0.1 0.2 2.5 2.1 2.8 3.7 3.7 2.1 2.2 24
Property-casualty insurance companies; FHLB advances; liability FL513169333 7.0 5.2 5.2 4.4 4.6 4.4 4.3 4.4 4.2 25
Property-casualty insurance companies; foreign direct investment in U.S.: intercompany debt; liability (market value) LM513192305 9.8 8.9 9.0 9.7 9.3 9.8 9.6 9.7 9.6 26
Property-casualty insurance companies; trade payables to reinsurers; liability FL513170005 109.5 124.6 146.7 131.6 142.9 139.2 135.4 131.6 134.9 27
Property-casualty insurance companies; total taxes payable; liability FL513178005 10.3 10.5 11.0 12.4 15.0 23.0 17.8 12.4 14.5 28
Property-casualty insurance companies; total miscellaneous liabilities FL513190005 1824.4 1948.9 2102.6 2218.6 2138.7 2167.7 2244.3 2218.6 2265.2 29
Property-casualty insurance companies; other investment by holding company parent; liability FL513194703 0.3 0.0 0.1 0.4 0.4 0.4 0.4 0.4 0.0 30
Property-casualty insurance companies; policy payables, including from reinsurers; liability FL513176005 1504.7 1624.7 1729.4 1857.6 1764.4 1806.4 1854.4 1857.6 1903.1 31
Property-casualty insurance companies; unidentified miscellaneous liabilities FL513193005 319.4 324.2 373.1 360.6 373.9 360.9 389.4 360.6 362.1 32
Property-casualty insurance companies; equity and investment fund shares excluding mutual fund shares and money market fund shares; liability (IMA) FL513181105 1296.9 1233.5 1418.7 1790.5 1656.5 1611.2 1801.2 1790.5 1998.9 33
Property-casualty insurance companies; corporate equities; liability LM513164105 1024.5 1030.6 1154.1 1464.1 1365.4 1311.8 1484.7 1464.1 1688.9 34
Property-casualty insurance companies; foreign direct investment in U.S.: equity; liability (market value) LM513192103 268.9 198.4 260.0 322.1 286.7 295.0 312.1 322.1 310.0 35
Property-casualty insurance companies; equity investment by parent holding company; liability FL513194603 3.6 4.5 4.6 4.3 4.4 4.4 4.4 4.3 0.0 36
Property-casualty insurance companies; securities lending; liability (2) FL513200003 7.9 8.0 7.4 8.0 8.1 8.4 9.0 8.0 8.3 37
Property-casualty insurance companies; total assets of financial guaranty insurers (3) FL514090023 20.8 19.1 17.7 15.9 17.7 17.0 16.1 15.9 15.9 38
Property-casualty insurance companies; total assets of mortgage guaranty insurers (3) FL514090033 32.1 32.0 32.8 33.1 33.3 33.1 33.7 33.1 33.6 39
Property-casualty insurance companies; direct reserve for policy payables; liability FL513176015 1269.3 1373.8 1466.7 1585.8 1499.5 1539.2 1585.0 1585.8 1624.7 40
Property-casualty insurance companies; policy payables reinsured to U.S. reinsurers; liability FL513176025 170.3 184.2 193.9 207.6 197.3 200.7 204.2 207.6 212.7 41
Rest of the world; policy payables of non-U.S. reinsurers; liability FL263176005 179.5 192.3 197.8 210.4 201.0 204.1 207.2 210.4 215.5 42
Rest of the world; assumed policy payables by U.S. reinsurers from non-U.S. insurers; liability FL263076005 65.1 66.6 68.8 64.2 67.7 66.5 65.3 64.2 65.7 43

NOTES

  1. Policy payables due from reinsurers.
  2. Liability for securities lending collateral, included in line 32.
  3. Total nonfinancial and financial assets of financial guaranty insurers and mortgage guaranty insurers as reported in statutory financial statements, with securities reported at book/adjusted carrying value.
Last Update: June 12, 2025