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LIFE/HEALTH INSURER FINANCIAL ASSET DISTRIBUTION, 2004-2008

($ billions)

   2004 2005 2006 2007 2008
Total financial assets $4,130.3 $4,350.7 $4,685.3 $4,949.7 $4,515.5
Checkable deposits and currency 53.3 47.7 56.1 58.3 82.8
Money market fund shares 120.7 113.6 162.3 226.6 259.8
Credit market instruments 2,661.4 2,765.4 2,806.1 2,888.6 2,926.3
     Open market paper 48.2 40.2 53.1 61.4 89.7
     U.S. government securities 435.6 459.7 460.6 451.2 449.2
          Treasury 78.5 91.2 83.2 68.3 87.5
          Agency- and GSE (1)-backed securities 357.1 368.5 377.4 382.9 361.7
     Municipal securities 30.1 32.5 36.6 41.4 41.1
     Corporate and foreign bonds 1,756.3 1,824.8 1,822.8 1,862.8 1,839.7
     Other loans and advances 117.8 122.8 129.3 145.6 164.2
     Mortgages 273.3 285.5 303.8 326.2 342.4
Corporate equities 1,053.9 1,161.8 1,364.8 1,464.6 967.8
Mutual fund shares 114.4 109.0 148.8 188.4 154.9
Miscellaneous assets 126.6 153.1 147.1 123.3 123.9

(1) Government-sponsored enterprise.

Source: Board of Governors of the Federal Reserve System, June 11, 2009.