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 | 2022 | 2023 | 2024 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 | 2025 Q1 | 2025 Q2 | Line |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Life insurance companies, general accounts; total financial assets | FL544090075 | 6314.7 | 6685.8 | 7085.6 | 6757.2 | 6828.9 | 7122.0 | 7085.6 | 7226.0 | 7376.4 | 1 |
| Life insurance companies, general accounts; checkable deposits and currency, including those held by U.S. captive reinsurers; asset | FL543020075 | 77.1 | 101.2 | 103.0 | 99.5 | 98.1 | 109.2 | 103.0 | 98.5 | 109.5 | 2 |
| Life insurance companies, general accounts; money market fund shares, including those held by U.S. captive reinsurers; asset | FL543034075 | 40.9 | 66.5 | 65.8 | 64.9 | 63.6 | 70.3 | 65.8 | 60.9 | 65.4 | 3 |
| Life insurance companies, general accounts; security repurchase agreements, including those held by U.S. captive reinsurers; asset | FL542051075 | 4.7 | 5.6 | 5.4 | 5.5 | 5.3 | 5.5 | 5.4 | 5.9 | 5.1 | 4 |
| Life insurance companies, general accounts; debt securities; asset | LM544022075 | 3403.1 | 3466.6 | 3586.2 | 3487.7 | 3487.6 | 3686.7 | 3586.2 | 3674.0 | 3742.9 | 5 |
| Life insurance companies, general accounts; commercial paper, including those held by U.S. captive reinsurers; asset | FL543069175 | 16.8 | 21.3 | 25.9 | 21.8 | 22.4 | 24.7 | 25.9 | 27.7 | 24.3 | 6 |
| Life insurance companies, general accounts; Treasury securities, including those held by U.S. captive reinsurers; asset | LM543061175 | 137.2 | 140.6 | 143.9 | 140.9 | 141.7 | 147.0 | 143.9 | 147.0 | 145.7 | 7 |
| Life insurance companies, general accounts; agency- and GSE-backed securities, including those held by U.S. captive reinsurers; asset | LM543061775 | 187.2 | 188.5 | 183.9 | 189.1 | 189.7 | 189.6 | 183.9 | 189.6 | 192.1 | 8 |
| Life insurance companies, general accounts; municipal securities, including those held by U.S. captive reinsurers; asset | LM543062075 | 183.8 | 177.5 | 154.7 | 171.5 | 164.2 | 161.8 | 154.7 | 151.0 | 149.5 | 9 |
| Life insurance companies, general accounts; corporate and foreign bonds; asset | LM543063075 | 2878.0 | 2938.7 | 3077.8 | 2964.3 | 2969.6 | 3163.5 | 3077.8 | 3158.7 | 3231.3 | 10 |
| Life insurance companies, general accounts; loans; asset | FL544023075 | 890.0 | 921.9 | 984.7 | 934.7 | 950.1 | 967.9 | 984.7 | 993.1 | 1011.4 | 11 |
| Life insurance companies, general accounts; other loans and advances; asset | FL543069075 | 173.2 | 171.2 | 179.9 | 174.6 | 178.8 | 176.9 | 179.9 | 182.4 | 184.5 | 12 |
| Life insurance companies, general accounts; total mortgages, including those held by U.S. captive reinsurers; asset | FL543065075 | 716.8 | 750.8 | 804.9 | 760.2 | 771.2 | 790.9 | 804.9 | 810.6 | 826.9 | 13 |
| Life insurance companies, general accounts; U.S. direct investment abroad: intercompany debt (market value) | LM543092375 | -0.3 | -0.3 | -0.3 | -0.3 | -0.4 | -0.5 | -0.3 | -0.0 | -0.1 | 14 |
| Life insurance companies, general accounts; corporate equities, including those held by U.S. captive reinsurers; asset | LM543064175 | 120.6 | 129.9 | 133.7 | 130.3 | 139.8 | 142.0 | 133.7 | 153.5 | 159.3 | 15 |
| Life insurance companies, general accounts; U.S. direct investment abroad: equity (market value) | LM543092173 | 24.0 | 38.2 | 38.9 | 39.9 | 41.1 | 39.3 | 38.9 | 41.0 | 49.4 | 16 |
| Life insurance companies, general accounts; equity in FHLB; asset | FL543092473 | 8.1 | 8.8 | 10.6 | 9.3 | 9.7 | 10.1 | 10.6 | 11.0 | 11.5 | 17 |
| Life insurance companies, general accounts; mutual fund shares, including those held by U.S. captive reinsurers; asset | LM543064275 | 9.2 | 7.3 | 7.4 | 7.8 | 7.7 | 8.1 | 7.4 | 8.5 | 8.9 | 18 |
| Life insurance companies, general accounts; life insurance reserve credit from reinsurers; asset | FL543040075 | 279.3 | 324.9 | 320.8 | 323.9 | 322.8 | 321.8 | 320.8 | 323.8 | 327.6 | 19 |
| Life insurance companies, general accounts; pension entitlements reserve credit from reinsurers; asset | FL543050075 | 483.0 | 574.0 | 703.9 | 606.4 | 638.9 | 671.4 | 703.9 | 715.8 | 729.1 | 20 |
| Life insurance companies, general accounts; trade receivables from insurers; liability | FL543070075 | 136.6 | 144.7 | 151.4 | 146.4 | 148.1 | 149.8 | 151.4 | 153.3 | 155.7 | 21 |
| Life insurance companies, general accounts; total miscellaneous assets | FL543090075 | 838.6 | 896.4 | 974.1 | 901.0 | 916.4 | 940.5 | 974.1 | 986.8 | 1000.8 | 22 |
| Life insurance companies, general accounts; total liabilities and equity | FL544194075 | 6365.7 | 6728.8 | 7195.8 | 6893.0 | 6962.0 | 7104.9 | 7195.8 | 7283.4 | 7414.7 | 23 |
| Life insurance companies, general accounts; total liabilities | FL544190075 | 6011.0 | 6363.5 | 6772.9 | 6490.3 | 6575.7 | 6687.4 | 6772.9 | 6861.3 | 6980.7 | 24 |
| Life insurance companies, general accounts; security repurchase agreements; liability | FL542151073 | 36.4 | 36.1 | 41.7 | 36.5 | 36.9 | 40.3 | 41.7 | 45.2 | 39.3 | 25 |
| Life insurance companies, general accounts; FHLB advances; liability | FL543169373 | 135.7 | 138.1 | 156.7 | 143.3 | 150.2 | 152.8 | 156.7 | 160.7 | 170.6 | 26 |
| Life insurance companies, general accounts; foreign direct investment in U.S.: intercompany debt; liability (market value) | LM543192375 | 5.0 | 3.7 | 3.9 | 3.9 | 3.9 | 3.6 | 3.9 | 3.8 | 3.5 | 27 |
| Life insurance companies, general accounts; life insurance reserves, including reserve credit from reinsurers; liability | FL543140075 | 1996.3 | 2042.2 | 2059.3 | 2054.9 | 2057.1 | 2053.7 | 2059.3 | 2078.8 | 2103.0 | 28 |
| Life insurance companies, general accounts; pension entitlements, including reserve credit from reinsurers and excluding unallocated insurance contracts; liability (2) | FL543150075 | 1770.9 | 1967.6 | 2133.2 | 2010.4 | 2056.6 | 2085.4 | 2133.2 | 2163.4 | 2189.3 | 29 |
| Life insurance companies, general accounts; trade payables to insurers; liability | FL543170075 | 370.6 | 464.0 | 580.8 | 493.2 | 522.4 | 551.6 | 580.8 | 587.8 | 597.4 | 30 |
| Life insurance companies, general accounts; total taxes payable; liability | FL543178075 | 6.0 | 7.2 | 5.4 | 7.7 | 6.1 | 6.7 | 5.4 | 5.2 | 4.7 | 31 |
| Life insurance companies, general accounts; total miscellaneous liabilities | FL543190075 | 1690.0 | 1704.6 | 1791.9 | 1740.4 | 1742.5 | 1793.3 | 1791.9 | 1816.4 | 1872.9 | 32 |
| Life insurance companies; equity and investment fund shares excluding mutual fund shares and money market fund shares; liability (IMA) | FL543181105 | 354.7 | 365.3 | 422.9 | 402.7 | 386.3 | 417.5 | 422.9 | 422.1 | 434.0 | 33 |
| Life insurance companies, general accounts; corporate equities; liability | LM543164175 | 243.8 | 255.4 | 289.3 | 279.2 | 266.2 | 296.0 | 289.3 | 290.8 | 288.5 | 34 |
| Life insurance companies, general accounts; foreign direct investment in U.S.: equity; liability (market value) | LM543192173 | 110.9 | 109.8 | 133.6 | 123.5 | 120.0 | 121.5 | 133.6 | 131.3 | 145.4 | 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: September 11, 2025