Home About Latest Browse RSS Advanced Search

Board of Governors of the Federal Reserve System (U.S.)
FEDS Notes
Accounting for Reinsurance Transactions in the Financial Accounts of the United States
Michael M. Batty
Abstract

The net worth of households and nonprofit organizations grows by $249 billion to reflect the value of policies that were previously missing from the Financial Accounts of the United States (Financial Accounts). Businesses also capture $81 billion from previously missing policies. The rest of the world (ROW) sector loses $130 billion on net because they are the reinsurer for many of the policies that are newly recorded. This note describes these changes and their associated effects in more detail.


Download Full text
Cite this item
Michael M. Batty, Accounting for Reinsurance Transactions in the Financial Accounts of the United States, Board of Governors of the Federal Reserve System (U.S.), FEDS Notes 2018-10-12, 12 Oct 2018.
More from this series
JEL Classification:
Subject headings:
DOI: 10.17016/2380-7172.2271
For corrections, contact FRB Librarian ()
Fed-in-Print is the central catalog of publications within the Federal Reserve System. It is managed and hosted by the Economic Research Division, Federal Reserve Bank of St. Louis.

Privacy Legal