Financial Accounts of the United States - Z.1
L.115 Property-casualty insurance companies
Billions of dollars; amounts outstanding end of period, not seasonally adjusted
| Line | Description | Series | 2023 | 2024 | 2025 | 2024:Q3 | 2024:Q4 | 2025:Q1 | 2025:Q2 | 2025:Q3 | 2025:Q4 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Line 1 | Total financial assets | FL514090005 | 3298.7 | 3519.5 | 3898.7 | 3589.8 | 3519.5 | 3556.3 | 3700.6 | 3845.6 | 3898.7 |
| Line 2 | Checkable deposits and currency | FL513020005 | 58.2 | 60.3 | 69.3 | 58.8 | 60.3 | 56.9 | 78.2 | 72.0 | 69.3 |
| Line 3 | Money market fund shares | FL513034005 | 45.1 | 55.4 | 63.8 | 51.7 | 55.4 | 50.9 | 78.7 | 67.7 | 63.8 |
| Line 4 | Security repurchase agreements | FL512051005 | 0.4 | 1.0 | 0.9 | 1.3 | 1.0 | 1.1 | 0.9 | 1.1 | 0.9 |
| Line 5 | Debt securities | LM514022005 | 1363.7 | 1557.0 | 1762.1 | 1642.0 | 1557.0 | 1659.8 | 1653.3 | 1771.5 | 1762.1 |
| Line 6 | Open market paper | FL513069105 | 6.4 | 5.5 | 5.3 | 9.3 | 5.5 | 5.7 | 4.6 | 6.1 | 5.3 |
| Line 7 | Treasury securities | LM513061105 | 263.6 | 362.5 | 432.1 | 425.7 | 362.5 | 432.2 | 397.6 | 455.5 | 432.1 |
| Line 8 | Agency- and GSE-backed securities | LM513061705 | 160.1 | 199.4 | 237.4 | 189.9 | 199.4 | 206.8 | 217.5 | 231.7 | 237.4 |
| Line 9 | Municipal securities | LM513062005 | 221.7 | 206.7 | 208.5 | 214.3 | 206.7 | 202.2 | 202.0 | 206.9 | 208.5 |
| Line 10 | Corporate and foreign bonds | LM513063005 | 711.9 | 783.0 | 878.8 | 802.8 | 783.0 | 812.9 | 831.8 | 871.3 | 878.8 |
| Line 11 | Loans (commercial mortgages) | FL513065505 | 32.9 | 32.4 | 33.1 | 33.0 | 32.4 | 32.1 | 33.0 | 33.2 | 33.1 |
| Line 12 | U.S. direct investment abroad: intercompany debt | LM513092305 | -2.2 | -2.6 | -3.5 | -3.9 | -2.6 | -1.3 | -2.9 | -3.1 | -3.5 |
| Line 13 | Corporate equities | LM513064105 | 596.3 | 545.9 | 612.8 | 545.1 | 545.9 | 538.9 | 577.9 | 595.2 | 612.8 |
| Line 14 | U.S. direct investment abroad: equity | LM513092103 | 299.4 | 337.3 | 350.7 | 306.5 | 337.3 | 298.3 | 322.3 | 339.6 | 350.7 |
| Line 15 | Equity in FHLB | FL513092403 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 |
| Line 16 | Mutual fund shares | LM513064205 | 34.0 | 37.1 | 39.7 | 37.0 | 37.1 | 35.4 | 37.3 | 38.9 | 39.7 |
| Line 17 | Trade receivables | FL513070005 | 304.3 | 298.0 | 312.8 | 308.0 | 298.0 | 312.0 | 316.1 | 317.4 | 312.8 |
| Line 18 | Miscellaneous assets | FL513090005 | 566.3 | 597.3 | 656.7 | 610.0 | 597.3 | 571.9 | 605.4 | 611.8 | 656.7 |
| Line 19 | Policy payables1 | FL513076005 | 391.7 | 418.0 | 441.3 | 411.4 | 418.0 | 428.2 | 434.4 | 440.5 | 441.3 |
| Line 20 | Receivables due from holding company parents | FL513094703 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Line 21 | Other | FL513093005 | 174.6 | 179.3 | 215.4 | 198.6 | 179.3 | 143.7 | 171.1 | 171.3 | 215.4 |
| Line 22 | Total liabilities and equity | FL514194005 | 3697.3 | 4154.6 | 4539.9 | 4210.0 | 4154.6 | 4413.8 | 4389.4 | 4499.3 | 4539.9 |
| Line 23 | Total liabilities | FL514190005 | 2277.0 | 2378.9 | 2572.4 | 2415.2 | 2378.9 | 2430.6 | 2473.9 | 2534.4 | 2572.4 |
| Line 24 | Security repurchase agreements | FL512151003 | 2.5 | 2.1 | 2.1 | 3.7 | 2.1 | 2.2 | 1.8 | 2.4 | 2.1 |
| Line 25 | Loans (other loans and advances) | FL513169333 | 5.2 | 4.4 | 4.2 | 4.3 | 4.4 | 4.2 | 4.6 | 4.7 | 4.2 |
| Line 26 | Foreign direct investment: intercompany debt | LM513192305 | 8.8 | 8.9 | 9.1 | 9.2 | 8.9 | 9.2 | 9.1 | 8.7 | 9.1 |
| Line 27 | Trade payables | FL513170005 | 146.7 | 131.6 | 139.0 | 135.4 | 131.6 | 134.9 | 136.8 | 138.7 | 139.0 |
| Line 28 | Taxes payable | FL513178005 | 11.0 | 12.4 | 13.2 | 17.8 | 12.4 | 14.5 | 11.4 | 12.4 | 13.2 |
| Line 29 | Miscellaneous liabilities | FL513190005 | 2102.8 | 2219.3 | 2404.8 | 2244.8 | 2219.3 | 2265.6 | 2310.2 | 2367.5 | 2404.8 |
| Line 30 | Other investment by holding company parent | FL513194703 | 0.1 | 0.4 | 0.0 | 0.4 | 0.4 | 0.0 | 0.0 | 0.0 | 0.0 |
| Line 31 | Policy payables | FL513176005 | 1729.4 | 1857.6 | 1961.2 | 1854.4 | 1857.6 | 1903.1 | 1930.4 | 1957.6 | 1961.2 |
| Line 32 | Other | FL513193005 | 373.2 | 361.4 | 443.6 | 389.9 | 361.4 | 362.5 | 379.8 | 409.9 | 443.6 |
| Line 33 | Total equity | FL513181105 | 1420.3 | 1775.7 | 1967.5 | 1794.8 | 1775.7 | 1983.2 | 1915.5 | 1964.9 | 1967.5 |
| Line 34 | Corporate equities (market value) | LM513164105 | 1153.4 | 1462.4 | 1598.6 | 1483.3 | 1462.4 | 1687.5 | 1580.0 | 1606.9 | 1598.6 |
| Line 35 | Foreign direct investment: equity | LM513192103 | 262.3 | 309.0 | 368.9 | 307.0 | 309.0 | 295.8 | 335.5 | 358.0 | 368.9 |
| Line 36 | Equity investment by holding company parent | FL513194603 | 4.6 | 4.3 | 0.0 | 4.4 | 4.3 | 0.0 | 0.0 | 0.0 | 0.0 |
| Memo: | |||||||||||
| Line 37 | Securities lending2 | FL513200003 | 7.4 | 8.0 | 21.2 | 9.0 | 8.0 | 11.3 | 14.5 | 18.1 | 21.2 |
| Line 38 | Financial guaranty insurers' total assets3 | FL514090023 | 17.7 | 15.9 | 15.8 | 16.1 | 15.9 | 15.9 | 15.9 | 16.0 | 15.8 |
| Line 39 | Mortgage guaranty insurers' total assets3 | FL514090033 | 32.8 | 33.1 | 32.9 | 33.7 | 33.1 | 33.6 | 33.1 | 33.5 | 32.9 |
| Line 40 | Direct reserve | FL513176015 | 1466.7 | 1585.8 | 1674.2 | 1585.0 | 1585.8 | 1624.7 | 1648.0 | 1671.2 | 1674.2 |
| Line 41 | Reinsured to U.S. reinsurers | FL513176025 | 193.9 | 207.6 | 219.2 | 204.2 | 207.6 | 212.7 | 215.7 | 218.8 | 219.2 |
| Line 42 | Reinsured to non-U.S. reinsurers | FL263176005 | 197.8 | 210.4 | 222.1 | 207.2 | 210.4 | 215.5 | 218.6 | 221.7 | 222.1 |
| Line 43 | Reinsured from non-U.S. reinsurers | FL263076005 | 68.8 | 64.2 | 67.7 | 65.3 | 64.2 | 65.7 | 66.7 | 67.6 | 67.7 |
Notes:
- Policy payables due from reinsurers.
- Liability for securities lending collateral, included in line 32.
- 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: 2026-03-19