Federal Reserve Economic Data

Quarterly

L.116 Life Insurance Companies


The Financial Accounts (formerly known as the Flow of Funds accounts) are a set of financial accounts used to track the sources and uses of funds by sector. They are a component of a system of macroeconomic accounts including the National Income and Product accounts (NIPA) and balance of payments accounts, all of which serve as a comprehensive set of information on the economy’s performance.(1) Some important inferences that can be drawn from the Financial accounts are the financial strength of a given sector, new economic trends, changes in the composition of wealth, and development of new financial instruments over time.(1)
Sectors are compiled into three categories: households, nonfinancial businesses, and banks. The sources of funds for a sector are its internal funds (savings from income after consumption) and external funds (loans from banks and other financial intermediaries). (1) Funds for a given sector are used for its investments in physical and financial assets. Dividing sources and uses of funds into two categories helps the staff of the Federal Reserve System pay particular attention to external sources of funds and financial uses of funds.(2) One example is whether households are borrowing more from banks—or in other words, whether household debt is rising. Another example might be whether banks are using more of their funds to provide loans to consumers. Transactions within a sector are not shown in the accounts; however, transactions between sectors are.(2) Monitoring the external flows of funds provides insights into a sector’s health and the performance of the economy as a whole.
Data for the Financial accounts are compiled from a large number of reports and publications, including regulatory reports such as those submitted by banks, tax filings, and surveys conducted by the Federal Reserve System.(2) The Financial accounts are published quarterly as a set of tables in the Federal Reserve’s Z.1 statistical release.
(1) Teplin, Albert M. “The U.S. Flow of Funds Accounts and Their Uses.” Federal Reserve Bulletin, July 2001; http://www.federalreserve.gov/pubs/bulletin/2001/0701lead.pdf.
(2) Board of Governors of the Federal Reserve System. “Guide to the Flow of Funds Accounts.” 2000, http://www.federalreserve.gov/apps/fof/.

For questions on the data, please contact the data source: https://www.federalreserve.gov/apps/ContactUs/feedback.aspx?refurl=/releases/z1/%
For questions on FRED functionality, please contact: https://fred.stlouisfed.org/contactus/


   

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    Q4 1945    
 
 
    Q2 2025
Line Name Period Value Preceding
Period
Year Ago
from Period
Units
line 1
Total financial assets
Q2 2025 10,718,616 Millions of Dollars 10,383,003 Millions of Dollars 9,997,663 Millions of Dollars Mil. of $
line 2
Checkable deposits and currency
Q2 2025 160,306 Millions of Dollars 146,894 Millions of Dollars 142,707 Millions of Dollars Mil. of $
line 3
Money market fund shares
Q2 2025 104,971 Millions of Dollars 100,643 Millions of Dollars 99,066 Millions of Dollars Mil. of $
line 4
Security repurchase agreements
Q2 2025 5,079 Millions of Dollars 5,855 Millions of Dollars 5,286 Millions of Dollars Mil. of $
line 5
Debt securities
Q2 2025 4,386,386 Millions of Dollars 4,286,340 Millions of Dollars 4,059,690 Millions of Dollars Mil. of $
line 6
Open market paper
. . Millions of Dollars . Millions of Dollars . Millions of Dollars Mil. of $
line 7
Treasury securities
Q2 2025 191,900 Millions of Dollars 190,899 Millions of Dollars 183,242 Millions of Dollars Mil. of $
line 8
Agency- and GSE-backed securities
Q2 2025 272,849 Millions of Dollars 266,515 Millions of Dollars 265,422 Millions of Dollars Mil. of $
line 9
Municipal securities
Q2 2025 163,338 Millions of Dollars 164,188 Millions of Dollars 178,097 Millions of Dollars Mil. of $
line 10
Corporate and foreign bonds
Q2 2025 3,722,640 Millions of Dollars 3,626,232 Millions of Dollars 3,400,468 Millions of Dollars Mil. of $
line 11
Loans
Q2 2025 1,104,160 Millions of Dollars 1,081,359 Millions of Dollars 1,029,827 Millions of Dollars Mil. of $
line 12
Other loans and advances
Q2 2025 184,484 Millions of Dollars 182,439 Millions of Dollars 178,816 Millions of Dollars Mil. of $
line 13
Mortgages
Q2 2025 919,676 Millions of Dollars 898,920 Millions of Dollars 851,011 Millions of Dollars Mil. of $
line 14
Corporate equities
Q2 2025 831,249 Millions of Dollars 783,679 Millions of Dollars 771,981 Millions of Dollars Mil. of $
line 15
Mutual fund shares
Q2 2025 1,622,844 Millions of Dollars 1,528,056 Millions of Dollars 1,595,839 Millions of Dollars Mil. of $
line 16
Trade receivables
Q2 2025 155,789 Millions of Dollars 153,389 Millions of Dollars 148,119 Millions of Dollars Mil. of $
line 17
Life insurance reserves
Q2 2025 327,578 Millions of Dollars 323,798 Millions of Dollars 322,837 Millions of Dollars Mil. of $
line 18
Pension entitlements
Q2 2025 729,936 Millions of Dollars 716,555 Millions of Dollars 639,868 Millions of Dollars Mil. of $
line 19
U.S. direct investment abroad
. . Millions of Dollars . Millions of Dollars . Millions of Dollars Mil. of $
line 20
Miscellaneous assets
Q2 2025 1,229,518 Millions of Dollars 1,204,431 Millions of Dollars 1,132,079 Millions of Dollars Mil. of $
line 21
Equity in FHLB
Q2 2025 11,506 Millions of Dollars 11,014 Millions of Dollars 9,687 Millions of Dollars Mil. of $
line 22
Deferred and unpaid life ins. premiums
Q2 2025 42.021 Billions of Dollars 42.448 Billions of Dollars 41.020 Billions of Dollars Bil. of $
line 23
Other reserves
Q2 2025 91,040 Millions of Dollars 90,400 Millions of Dollars 87,753 Millions of Dollars Mil. of $
line 24
Other
Q2 2025 1,096,457 Millions of Dollars 1,071,583 Millions of Dollars 1,003,306 Millions of Dollars Mil. of $
line 25
Total liabilities
Q2 2025 10,332,311 Millions of Dollars 10,025,789 Millions of Dollars 9,747,538 Millions of Dollars Mil. of $
line 26
Security repurchase agreements
Q2 2025 39,251 Millions of Dollars 45,248 Millions of Dollars 36,897 Millions of Dollars Mil. of $
line 27
Loans (other loans and advances)
Q2 2025 170,555 Millions of Dollars 160,661 Millions of Dollars 150,161 Millions of Dollars Mil. of $
line 28
Trade payables
Q2 2025 597,466 Millions of Dollars 587,815 Millions of Dollars 522,769 Millions of Dollars Mil. of $
line 29
Life insurance reserves
Q2 2025 2,636,692 Millions of Dollars 2,582,637 Millions of Dollars 2,532,484 Millions of Dollars Mil. of $
line 30
Pension entitlements
Q2 2025 4,667,717 Millions of Dollars 4,501,783 Millions of Dollars 4,391,987 Millions of Dollars Mil. of $
line 31
Taxes payable
Q2 2025 4,725 Millions of Dollars 5,192 Millions of Dollars 6,089 Millions of Dollars Mil. of $
line 32
Foreign direct investment in U.S.
. . Millions of Dollars . Millions of Dollars . Millions of Dollars Mil. of $
line 33
Miscellaneous liabilities
Q2 2025 2,212,408 Millions of Dollars 2,138,642 Millions of Dollars 2,103,262 Millions of Dollars Mil. of $
line 34
Investment by parent companies
. . Millions of Dollars . Millions of Dollars . Millions of Dollars Mil. of $
line 35
Funding agreements backing securities
Q2 2025 260,512 Millions of Dollars 239,950 Millions of Dollars 204,542 Millions of Dollars Mil. of $
line 36
Other reserves
Q2 2025 506,820 Millions of Dollars 501,876 Millions of Dollars 493,556 Millions of Dollars Mil. of $
line 37
Unallocated insurance contracts
Q2 2025 929,581 Millions of Dollars 911,696 Millions of Dollars 904,453 Millions of Dollars Mil. of $
line 38
Other
Q2 2025 515,495 Millions of Dollars 485,120 Millions of Dollars 500,711 Millions of Dollars Mil. of $
Memo:
line 39
Securities lending
Q2 2025 54,145 Millions of Dollars 50,063 Millions of Dollars 40,338 Millions of Dollars Mil. of $
line 40
Direct reserve
Q2 2025 8,540,707 Millions of Dollars 8,276,751 Millions of Dollars 8,073,466 Millions of Dollars Mil. of $
line 41
Reinsured to U.S. reinsurers
Q2 2025 1,079,591 Millions of Dollars 1,058,311 Millions of Dollars 1,037,544 Millions of Dollars Mil. of $
line 42
Reinsured to non-U.S. reinsurers
Q2 2025 1,165,032 Millions of Dollars 1,144,117 Millions of Dollars 1,061,766 Millions of Dollars Mil. of $
line 43
Reinsured from non-U.S. reinsurers
Q2 2025 4,260 Millions of Dollars 4,187 Millions of Dollars 3,425 Millions of Dollars Mil. of $
   

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