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Insurance Company Holdings Of U.S. Municipal Securities, 2019-2023

($ billions, end of year)

  2019 2020 2021 2022 2023
Property/casualty insurance companies $285.2 $297.9 $289.4 $246.1 $221.6
Life insurance companies 215.0 234.2 241.3 197.9 192.5
Total $500.2 $532.1 $530.7 $444.0 $414.1
Source: Board of Governors of the Federal Reserve System, September 12, 2024.