Share of Life Insurance Reserves Held by the 50th to 90th Wealth Percentiles
This dataset tracks share of life insurance reserves held by the 50th to 90th wealth percentiles over time.
Latest Value
32.70
Year-over-Year Change
-0.91%
Date Range
7/1/1989 - 1/1/2025
Summary
Measures life insurance reserve holdings for middle-upper wealth percentiles, offering insights into financial planning and risk management strategies.
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
Tracks the proportion of life insurance reserves held by households between the 50th and 90th wealth percentiles, indicating financial preparedness.
Methodology
Calculated through Federal Reserve Survey of Consumer Finances data collection.
Historical Context
Used to analyze household financial protection and insurance market participation.
Key Facts
- Indicates financial risk management strategies
- Reflects household financial preparedness
- Shows insurance market participation
FAQs
Q: What does this economic indicator measure?
A: Tracks life insurance reserve holdings for households between 50th and 90th wealth percentiles.
Q: Why are these life insurance reserve data important?
A: Provides insights into financial protection and risk management for middle-upper income households.
Q: How often is this data updated?
A: Typically updated through periodic Federal Reserve surveys of consumer finances.
Q: What can this data tell economists?
A: Reveals insurance market trends and financial planning strategies of upper-middle-class households.
Q: How do these reserves differ from total insurance holdings?
A: Focuses on reserves for a specific wealth percentile range, not total national insurance holdings.
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Citation
U.S. Federal Reserve, Share of Life Insurance Reserves Held by the 50th to 90th Wealth Percentiles (WFRBSN40177), retrieved from FRED.