F.228 Life insurance reserves

Billions of dollars; quarterly figures are seasonally adjusted annual rates

Line Description Series 2023 2024 2025 2024:Q3 2024:Q4 2025:Q1 2025:Q2 2025:Q3 2025:Q4
Line 1 Net change in liabilities FA893140005 70.3 63.0 7.4 34.3 66.4 -54.5 35.2 19.8 29.0
Line 2 Federal government FA313140003 1.3 2.2 2.6 4.2 0.8 4.5 0.3 4.9 0.5
Line 3 Life insurance companies FA543140005 18.5 65.5 1.6 34.8 70.3 -62.2 31.8 11.6 25.0
Line 4 Rest of the world FA263140005 50.5 -4.7 3.3 -4.7 -4.7 3.2 3.0 3.3 3.5
Line 5 Net change in assets FA893140005 70.3 63.0 7.4 34.3 66.4 -54.5 35.2 19.8 29.0
Line 6 Household sector FA153040005 22.5 58.5 -10.1 27.1 62.5 -71.0 17.6 2.0 10.8
Line 7 U.S.-chartered depository institutions FA763040005 -2.0 4.3 6.2 7.1 3.8 5.2 6.8 6.3 6.4
Line 8 Life insurance companies FA543040005 45.6 -4.1 7.3 -4.1 -4.1 7.2 6.8 7.5 7.8
Line 9 Holding companies FA733040005 4.0 4.0 4.0 4.0 4.0 4.0 4.0 4.0 4.0
Line 10 Rest of the world FA543141905 0.1 0.3 0.0 0.3 0.3 0.0 0.0 0.0 0.0

Last Update: 2026-03-19