| F.117 Life Insurance Companies | |||||||||||||
| Billions of dollars; quarterly figures are seasonally adjusted annual rates | |||||||||||||
| stock price direction | DOWN | DOWN | DOWN | UP | UP | UP | DOWN | UP | UP | UP | DOWN | ||
| bond price direction | UP | UP | UP | UP | DOWN | DOWN | UP | DOWN | DOWN | DOWN | DOWN | ||
| 2001 | 2002 | 2003 | 2004 | 2005 | 2005 | 2006 | |||||||
| Q1 | Q2 | Q3 | Q4 | Q1 | Q2 | ||||||||
| 1 | Gross saving | -5.3 | -2.4 | -7.5 | -1.7 | -0.9 | -0.7 | -1.4 | -0.5 | -0.8 | -1.3 | -0.9 | 1 |
| 2 | Fixed nonresidential investment | 3.4 | 2.8 | 2.6 | 2.7 | 1.8 | 2.2 | 1.9 | 1.6 | 1.3 | 1.4 | 1.4 | 2 |
| 3 | Net acquisition of financial assets | 250.6 | 279.8 | 258.2 | 264.4 | 185.3 | 297.2 | 149.2 | 195.6 | 99.4 | 190.5 | 164.9 | 3 |
| 4 | Checkable deposits and currency | 31.9 | -1.6 | 12.0 | 6.0 | -5.5 | -24.5 | 20.9 | 4.7 | -23.3 | 5.7 | 4.3 | 4 |
| 5 | Money market fund shares | 31.0 | -13.5 | -8.3 | -30.7 | -7.1 | -28.5 | -24.3 | 1.7 | 22.4 | 33.4 | 49.8 | 5 |
| 6 | Credit market instruments | 130.9 | 233.0 | 180.6 | 173.0 | 110.3 | 198.7 | 81.3 | 94.3 | 66.9 | 134.1 | 84.4 | 6 |
| 7 | Open market paper | -11.9 | 14.7 | -18.2 | -7.6 | -8.0 | -9.4 | -15.7 | -17.1 | 10.0 | -12.1 | 5.9 | 7 |
| 8 | Treasury securities | -4.4 | 24.8 | -6.6 | 6.6 | 12.7 | 10.0 | 13.8 | 14.7 | 12.2 | 4.7 | 5.8 | 8 |
| 9 | Agency- and GSE-backed securities | 18.1 | 77.4 | 18.0 | 8.2 | 11.4 | 38.6 | 4.6 | 7.6 | -5.3 | 19.5 | 5.1 | 9 |
| 10 | Municipal securities | -0.4 | 1.2 | 6.2 | 4.0 | 2.4 | 4.1 | 2.0 | 2.3 | 1.1 | 1.8 | 1.3 | 10 |
| 11 | Corporate and foreign bonds | 120.2 | 106.8 | 171.0 | 147.8 | 78.9 | 143.9 | 60.7 | 77.4 | 33.7 | 99.6 | 59.0 | 11 |
| 12 | Policy loans | 2.2 | 1.0 | -0.7 | 1.6 | 0.8 | -1.5 | 2.9 | -1.2 | 3.0 | 2.8 | -1.2 | 12 |
| 13 | Mortgages | 7.1 | 7.0 | 10.9 | 12.4 | 12.1 | 13.0 | 13.0 | 10.5 | 12.1 | 17.9 | 8.6 | 13 |
| 14 | Corporate equities | 70.2 | 52.7 | 45.5 | 51.5 | 65.9 | 73.8 | 42.9 | 82.4 | 64.4 | 61.6 | 46.0 | 14 |
| 15 | Mutual fund shares | 2.1 | 2.6 | 0.5 | 12.8 | -9.9 | -10.0 | -10.0 | -10.0 | -9.6 | 2.0 | 2.0 | 15 |
| 16 | Miscellaneous assets | -15.5 | 6.7 | 27.9 | 51.9 | 31.7 | 87.6 | 38.3 | 22.4 | -21.4 | -46.3 | -21.7 | 16 |
| 17 | Net increase in liabilities | 248.5 | 259.7 | 230.0 | 228.0 | 173.9 | 285.5 | 155.6 | 173.3 | 81.2 | 194.4 | 140.3 | 17 |
| 18 | Corporate equity issues | -0.9 | -6.5 | -3.9 | -17.3 | -8.0 | -13.8 | -5.0 | -5.6 | -7.4 | -23.1 | -29.4 | 18 |
| 19 | Other loans and advances | 0.6 | 2.0 | 2.9 | 3.0 | 0.4 | -1.6 | 2.3 | 0.4 | 0.6 | 2.8 | 1.3 | 19 |
| 20 | Life insurance reserves | 75.8 | 58.5 | 65.7 | 32.0 | 14.9 | 15.2 | 16.4 | 19.7 | 8.3 | 3.0 | 10.2 | 20 |
| 21 | Pension fund reserves (1) | 129.5 | 145.1 | 140.5 | 197.8 | 151.4 | 153.8 | 147.2 | 135.3 | 169.4 | 155.7 | 166.9 | 21 |
| 22 | Taxes payable | 2.0 | 2.4 | 2.8 | 3.2 | 3.6 | 3.4 | 3.5 | 3.6 | 3.7 | 3.8 | 3.9 | 22 |
| 23 | Miscellaneous liabilities | 41.5 | 58.1 | 22.1 | 9.3 | 11.5 | 128.5 | -8.8 | 19.8 | -93.5 | 52.1 | -12.6 | 23 |
| 24 | Discrepancy | -10.8 | -25.4 | -38.4 | -40.8 | -14.1 | -14.7 | 3.1 | -24.5 | -20.4 | 1.2 | -26.8 | 24 |
| (1) Annuity reserves held by life insurance companies, excluding unallocated contracts held by private pension funds, which are included in miscellaneous liabilities (line 23). | |||||||||||||
