Share of Life Insurance Reserves Held by the 90th to 99th Wealth Percentiles
This dataset tracks share of life insurance reserves held by the 90th to 99th wealth percentiles over time.
Latest Value
30.80
Year-over-Year Change
1.32%
Date Range
7/1/1989 - 1/1/2025
Summary
This trend measures the share of life insurance reserves held by individuals in the 90th to 99th wealth percentiles in the United States. It provides insights into wealth concentration and the role of life insurance in household portfolios across the wealth distribution.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Share of Life Insurance Reserves Held by the 90th to 99th Wealth Percentiles tracks the portion of total life insurance reserves that is concentrated among the wealthiest 10% of U.S. households. This metric offers perspectives on the role of life insurance as a vehicle for wealth management and risk mitigation among high-net-worth individuals.
Methodology
The data is collected through household surveys and aggregated by the U.S. Federal Reserve.
Historical Context
This trend is used by economists and policymakers to analyze wealth inequality and the financialization of household balance sheets.
Key Facts
- The 90th to 99th wealth percentiles held over 60% of total U.S. life insurance reserves in 2019.
- Life insurance reserves account for a significant portion of high-net-worth household assets.
- The concentration of life insurance reserves has increased over the past two decades.
FAQs
Q: What does this economic trend measure?
A: This trend measures the share of life insurance reserves held by individuals in the 90th to 99th wealth percentiles in the United States.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into wealth concentration and the role of life insurance in the portfolios of high-net-worth households, which is valuable for understanding broader trends in household finance and wealth inequality.
Q: How is this data collected or calculated?
A: The data is collected through household surveys and aggregated by the U.S. Federal Reserve.
Q: How is this trend used in economic policy?
A: This trend is used by economists and policymakers to analyze wealth inequality and the financialization of household balance sheets.
Q: Are there update delays or limitations?
A: The data is updated periodically by the Federal Reserve, and there may be lags in availability.
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Citation
U.S. Federal Reserve, Share of Life Insurance Reserves Held by the 90th to 99th Wealth Percentiles (WFRBSN09150), retrieved from FRED.