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INSURERS AS INVESTORS |
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CREDIT MARKET ASSETS
Credit market assets held by both life and property/casualty insurance companies as a percentage of all credit market assets has been stable at 9 percent over the past five years.
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CREDIT MARKET ASSETS HELD BY INSURERS, 2001-2005 (1)
($ billions, end of year)
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2001 |
2002 |
2003 |
2004 |
2005 |
Percent of total, 2005 |
| Total credit market assets held | $28,904.1 | $31,233.7 | $34,092.2 | $36,963.1 | $40,229.9 | 100.0% |
| By financial sectors: | 22,198.3 | 23,885.1 | 25,862.5 | 27,743.6 | 29,928.3 | 74.4 |
| Life insurance companies | 2,074.8 | 2,307.8 | 2,488.3 | 2,661.4 | 2,773.7 | 6.9 |
| Property/casualty insurance companies | 518.4 | 558.3 | 625.2 | 698.8 | 780.8 | 1.9 |
| Total insurance companies | 2,593.2 | 2,866.1 | 3,113.5 | 3,360.2 | 3,554.5 | 8.8 |
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(1) Excluding corporate equities and mutual fund shares.
Source: Board of Governors of the Federal Reserve System. |
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