Accounting for Reinsurance Transactions in the Financial Accounts of the United States

Michael M. Batty
Additional contact information
Michael M. Batty: https://www.federalreserve.gov/econres/michael-m-batty.htm

No 2018-10-12-1, FEDS Notes from Board of Governors of the Federal Reserve System (U.S.)

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.

Date: 2018-10-12
References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.federalreserve.gov/econres/notes/feds- ... -states-20181012.htm (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:fip:fedgfn:2018-10-12-1

DOI: 10.17016/2380-7172.2271

Access Statistics for this paper

More papers in FEDS Notes from Board of Governors of the Federal Reserve System (U.S.) Contact information at EDIRC.
Bibliographic data for series maintained by Ryan Wolfslayer ; Keisha Fournillier ().