Share of Deferred and Unpaid Life Insurance Premiums Held by the Top 1% (99th to 100th Wealth Percentiles)
WFRBST01133 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
25.30
Year-over-Year Change
0.80%
Date Range
7/1/1989 - 1/1/2025
Summary
Tracks the concentration of life insurance premium deferrals among the top 1% of wealth holders. Provides insight into financial resilience and insurance strategies of high-net-worth individuals.
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
This metric measures the proportion of life insurance premium deferrals held by the wealthiest 1% of the population. It reflects complex financial planning strategies.
Methodology
Calculated using Federal Reserve Survey of Consumer Finances wealth distribution data.
Historical Context
Used by insurers and financial analysts to understand high-wealth insurance market behaviors.
Key Facts
- Reflects complex insurance financial strategies
- Indicates high-wealth insurance market dynamics
- Part of comprehensive wealth distribution analysis
FAQs
Q: What does this data series measure?
A: It tracks the share of life insurance premium deferrals held by the top 1% of wealth holders. Provides insights into high-net-worth financial strategies.
Q: Why are deferred premiums important?
A: Deferred premiums indicate sophisticated financial planning and cash flow management among wealthy individuals.
Q: How often is this data updated?
A: Typically updated through the Federal Reserve's Survey of Consumer Finances, which occurs every three years.
Q: What can this data tell economists?
A: It reveals financial behaviors and insurance market dynamics among the highest wealth percentiles.
Q: Are there limitations to this data?
A: The data represents a snapshot and may not capture real-time changes in insurance market behaviors.
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Citation
U.S. Federal Reserve, Share of Deferred and Unpaid Life Insurance Premiums (WFRBST01133), retrieved from FRED.