Financial Accounts of the United States - Z.1
L.116.g Life Insurance Companies General Accounts
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Life insurance companies, general accounts; total financial assets | FL544090075 | 6733.1 | 6314.7 | 6685.8 | 7085.6 | 6757.2 | 6828.9 | 7122.0 | 7085.6 | 7242.9 | 1 |
| Life insurance companies, general accounts; checkable deposits and currency, including those held by U.S. captive reinsurers; asset | FL543020075 | 88.0 | 77.1 | 101.2 | 103.0 | 99.5 | 98.1 | 109.2 | 103.0 | 98.5 | 2 |
| Life insurance companies, general accounts; money market fund shares, including those held by U.S. captive reinsurers; asset | FL543034075 | 38.4 | 40.9 | 66.5 | 65.8 | 64.9 | 63.6 | 70.3 | 65.8 | 60.9 | 3 |
| Life insurance companies, general accounts; security repurchase agreements, including those held by U.S. captive reinsurers; asset | FL542051075 | 10.0 | 4.7 | 5.6 | 5.4 | 5.5 | 5.3 | 5.5 | 5.4 | 5.9 | 4 |
| Life insurance companies, general accounts; debt securities; asset | LM544022075 | 4026.2 | 3402.7 | 3464.8 | 3579.2 | 3485.6 | 3487.4 | 3681.4 | 3579.2 | 3666.9 | 5 |
| Life insurance companies, general accounts; commercial paper, including those held by U.S. captive reinsurers; asset | FL543069175 | 23.5 | 16.8 | 21.3 | 25.9 | 21.8 | 22.4 | 24.7 | 25.9 | 27.7 | 6 |
| Life insurance companies, general accounts; Treasury securities, including those held by U.S. captive reinsurers; asset | LM543061175 | 180.0 | 137.2 | 140.6 | 143.9 | 140.9 | 141.7 | 147.0 | 143.9 | 147.0 | 7 |
| Life insurance companies, general accounts; agency- and GSE-backed securities, including those held by U.S. captive reinsurers; asset | LM543061775 | 237.3 | 187.2 | 188.5 | 183.9 | 189.1 | 189.7 | 189.6 | 183.9 | 189.6 | 8 |
| Life insurance companies, general accounts; municipal securities, including those held by U.S. captive reinsurers; asset | LM543062075 | 227.8 | 183.8 | 177.5 | 154.7 | 171.5 | 164.2 | 161.8 | 154.7 | 151.0 | 9 |
| Life insurance companies, general accounts; corporate and foreign bonds; asset | LM543063075 | 3357.6 | 2877.7 | 2936.9 | 3070.7 | 2962.2 | 2969.4 | 3158.2 | 3070.7 | 3151.6 | 10 |
| Life insurance companies, general accounts; loans; asset | FL544023075 | 830.2 | 890.4 | 923.8 | 991.8 | 936.8 | 950.3 | 973.2 | 991.8 | 1000.1 | 11 |
| Life insurance companies, general accounts; other loans and advances; asset | FL543069075 | 172.1 | 173.6 | 173.0 | 186.9 | 176.7 | 179.0 | 182.3 | 186.9 | 189.5 | 12 |
| Life insurance companies, general accounts; total mortgages, including those held by U.S. captive reinsurers; asset | FL543065075 | 658.1 | 716.8 | 750.8 | 804.9 | 760.2 | 771.2 | 790.9 | 804.9 | 810.6 | 13 |
| Life insurance companies, general accounts; U.S. direct investment abroad: intercompany debt (market value) | LM543092375 | -0.3 | -0.3 | -0.3 | -0.6 | -0.2 | -0.4 | -0.5 | -0.6 | -0.7 | 14 |
| Life insurance companies, general accounts; corporate equities, including those held by U.S. captive reinsurers; asset | LM543064175 | 137.4 | 120.6 | 129.9 | 133.7 | 130.2 | 140.0 | 142.2 | 133.7 | 153.5 | 15 |
| Life insurance companies, general accounts; U.S. direct investment abroad: equity (market value) | LM543092173 | 85.1 | 23.2 | 41.4 | 43.2 | 44.0 | 45.4 | 44.0 | 43.2 | 47.3 | 16 |
| Life insurance companies, general accounts; equity in FHLB; asset | FL543092473 | 9.1 | 8.1 | 8.8 | 10.6 | 9.3 | 9.7 | 10.1 | 10.6 | 11.0 | 17 |
| Life insurance companies, general accounts; mutual fund shares, including those held by U.S. captive reinsurers; asset | LM543064275 | 7.9 | 9.2 | 7.3 | 7.4 | 7.8 | 7.7 | 8.1 | 7.4 | 8.5 | 18 |
| Life insurance companies, general accounts; life insurance reserve credit from reinsurers; asset | FL543040075 | 284.9 | 279.3 | 324.9 | 320.8 | 323.9 | 322.8 | 321.8 | 320.8 | 323.8 | 19 |
| Life insurance companies, general accounts; pension entitlements reserve credit from reinsurers; asset | FL543050075 | 378.5 | 483.0 | 574.0 | 703.9 | 606.4 | 638.9 | 671.4 | 703.9 | 733.3 | 20 |
| Life insurance companies, general accounts; trade receivables from insurers; liability | FL543070075 | 140.4 | 136.6 | 144.7 | 151.4 | 146.4 | 148.1 | 149.8 | 151.4 | 151.4 | 21 |
| Life insurance companies, general accounts; total miscellaneous assets | FL543090075 | 697.3 | 839.3 | 893.2 | 970.0 | 897.0 | 911.9 | 935.6 | 970.0 | 982.4 | 22 |
| Life insurance companies, general accounts; total liabilities and equity | FL544194075 | 6256.5 | 6364.9 | 6737.8 | 7180.1 | 6900.1 | 6966.0 | 7105.7 | 7180.1 | 7286.0 | 23 |
| Life insurance companies, general accounts; total liabilities | FL544190075 | 5724.2 | 6011.0 | 6363.5 | 6772.9 | 6490.3 | 6575.7 | 6687.4 | 6772.9 | 6878.6 | 24 |
| Life insurance companies, general accounts; security repurchase agreements; liability | FL542151073 | 20.6 | 36.4 | 36.1 | 41.7 | 36.5 | 36.9 | 40.3 | 41.7 | 45.2 | 25 |
| Life insurance companies, general accounts; FHLB advances; liability | FL543169373 | 113.6 | 135.7 | 138.1 | 156.7 | 143.3 | 150.2 | 152.8 | 156.7 | 160.7 | 26 |
| Life insurance companies, general accounts; foreign direct investment in U.S.: intercompany debt; liability (market value) | LM543192375 | 10.8 | 5.0 | 4.1 | 3.5 | 4.2 | 4.1 | 3.8 | 3.5 | 3.2 | 27 |
| Life insurance companies, general accounts; life insurance reserves, including reserve credit from reinsurers; liability | FL543140075 | 1960.0 | 1996.3 | 2042.2 | 2059.3 | 2054.9 | 2057.1 | 2053.7 | 2059.3 | 2078.8 | 28 |
| Life insurance companies, general accounts; pension entitlements, including reserve credit from reinsurers and excluding unallocated insurance contracts; liability (2) | FL543150075 | 1645.5 | 1769.0 | 1937.8 | 2094.1 | 1982.9 | 2025.1 | 2049.8 | 2094.1 | 2138.9 | 29 |
| Life insurance companies, general accounts; trade payables to insurers; liability | FL543170075 | 354.3 | 370.6 | 464.0 | 580.8 | 493.2 | 522.4 | 551.6 | 580.8 | 606.0 | 30 |
| Life insurance companies, general accounts; total taxes payable; liability | FL543178075 | 7.2 | 6.0 | 7.2 | 5.4 | 7.7 | 6.1 | 6.7 | 5.4 | 5.2 | 31 |
| Life insurance companies, general accounts; total miscellaneous liabilities | FL543190075 | 1612.1 | 1692.0 | 1734.0 | 1831.3 | 1767.6 | 1773.8 | 1828.7 | 1831.3 | 1840.7 | 32 |
| Life insurance companies; equity and investment fund shares excluding mutual fund shares and money market fund shares; liability (IMA) | FL543181105 | 532.3 | 353.9 | 374.3 | 407.2 | 409.8 | 390.3 | 418.4 | 407.2 | 407.3 | 33 |
| Life insurance companies, general accounts; corporate equities; liability | LM543164175 | 235.3 | 243.8 | 255.5 | 289.4 | 279.2 | 266.3 | 296.0 | 289.4 | 297.3 | 34 |
| Life insurance companies, general accounts; foreign direct investment in U.S.: equity; liability (market value) | LM543192173 | 297.0 | 110.1 | 118.9 | 117.9 | 130.6 | 124.1 | 122.3 | 117.9 | 110.0 | 35 |
| Life insurance companies; equity investment by parent holding company; liability | FL543194603 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 36 |
NOTES
- Equal to funding agreement-backed securities (FABS) issued by domestic issuers of asset-backed securities.
- Annuity reserves held by life insurance companies, excluding unallocated contracts held by private pension funds which are included in miscellaneous liabilities (line 32).
Last Update: June 12, 2025