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The Federal Reserve Board headquarters in Washington (Photo: Thinkstock)

The Federal Reserve Board says assets at U.S. life insurers grew a little in the first quarter, but not as much as overall U.S. wealth. 

Life insurers held $4.35 trillion in assets in their own general accounts in the first quarter, or 3.2% more than they held in the first quarter of 2016, according to the Fed’s latest Financial Accounts of the United States report. The report is an inventory of U.S. financial assets and obligations.

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