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LIFE/HEALTH INSURER FINANCIAL ASSET DISTRIBUTION, 2007-2011

($ billions)

  2007 2008 2009 2010 2011
Total financial assets $4,949.7 $4,515.5 $4,823.9 $5,176.3 $5,340.2
Checkable deposits and currency 58.3 82.8 50.7 51.7 54.8
Money market fund shares 21.6 39.2 33.7 21.0 25.8
Security repurchase agreements (1) 2.7 8.0 10.2 10.9 10.7
Credit market instruments 2,871.2 2,882.8 3,022.6 3,174.2 3,323.9
     Open market paper 41.7 38.3 49.8 40.9 40.9
     U.S. government securities 453.5 471.9 505.4 532.6 549.8
          Treasury 70.6 105.7 133.5 156.6 162.7
          Agency- and GSE (2)-backed securities 382.9 366.2 371.9 376.0 387.1
     Municipal securities 41.4 47.1 73.1 112.3 122.6
     Corporate and foreign bonds 1,862.6 1,817.0 1,927.2 2,030.2 2,128.7
     Other loans and advances 145.8 166.1 140.9 140.7 148.7
     Mortgages 326.2 342.4 326.1 317.5 333.2
Corporate equities 1,464.6 1,001.7 1,208.5 1,402.6 1,443.0
Mutual fund shares 188.4 121.0 140.8 155.7 150.1
Miscellaneous assets 342.9 380.1 357.6 360.3 331.9

(1) Short-term agreements to sell and repurchase government securities by a specified date at a set price.
(2) Government-sponsored enterprise.

Source: Board of Governors of the Federal Reserve System, June 7, 2012.