Insurance Company Holdings Of U.S. Municipal Securities, 2018-2022

($ billions, end of year)

  2018 2019 2020 2021 2022
Property/casualty insurance companies $291.6 $285.2 $297.9 $289.4 $246.1
Life insurance companies 190.0 215.0 234.2 234.9 192.2
Total $481.6 $500.2 $532.1 $524.3 $438.3
Source: Board of Governors of the Federal Reserve System, September 9, 2023.