Miner Company
Insurers' FHLB Advances Hit New High As Spread Investing Flourishes
Advances to US insurance companies increased by 10.4% to $177.85 billion as of Dec. 31, 2025, according to data reported by the FHLBanks Office of Finance, marking a second consecutive year and third time in four years of double-digit growth. The US life industry's deposit-type contract balance before reinsurance soared net of surrenders and withdrawals by 18.3% in 2025, which represents the largest rate of expansion in at least the last 24 years.
Advances to US insurance companies increased by 10.4% to $177.85 billion as of Dec. 31, 2025, according to data reported by the FHLBanks Office of Finance, marking a second consecutive year and third time in four years of double-digit growth. The US life industry's deposit-type contract balance before reinsurance soared net of surrenders and withdrawals by 18.3% in 2025, which represents the largest rate of expansion in at least the last 24 years.