Fitch: U.S. Life Insurers' 2015 Statutory Capital Dashboard

CHICAGO--(BUSINESS WIRE)-- Fitch Ratings has released a special report summarizing 2015 statutory capital for U.S. life insurance companies.

During 2015 Total Adjusted Capital (TAC) grew 2.5%, to $341 billion, while the aggregate NAIC Risk-based Capital (RBC) Ratio for Fitch's universe of life insurance companies remained unchanged at 512%. The growth in TAC during 2015 was primarily driven by strong statutory operating results. Operating gains were offset by investment losses, which were mainly focused in derivatives.

Going forward, Fitch expects credit related losses to continue to be a drag on capital growth. Growth in TAC was also matched by similar growth in required capital resulting in the aggregate NAIC RBC Ratio remaining unchanged.

The full report 'U.S. Life Insurers' Statutory Capital Dashboard' dated April 7, 2016, is available at 'www.fitchratings.com' under 'Insurance' and 'Special Reports'.

Additional information is available on www.fitchratings.com

U.S. Life Insurers - Statutory Capital Dashboard

https://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=879889

ALL FITCH CREDIT RATINGS ARE SUBJECT TO CERTAIN LIMITATIONS AND DISCLAIMERS. PLEASE READ THESE LIMITATIONS AND DISCLAIMERS BY FOLLOWING THIS LINK: HTTP://FITCHRATINGS.COM/UNDERSTANDINGCREDITRATINGS. IN ADDITION, RATING DEFINITIONS AND THE TERMS OF USE OF SUCH RATINGS ARE AVAILABLE ON THE AGENCY'S PUBLIC WEBSITE 'WWW.FITCHRATINGS.COM'. PUBLISHED RATINGS, CRITERIA AND METHODOLOGIES ARE AVAILABLE FROM THIS SITE AT ALL TIMES. FITCH'S CODE OF CONDUCT, CONFIDENTIALITY, CONFLICTS OF INTEREST, AFFILIATE FIREWALL, COMPLIANCE AND OTHER RELEVANT POLICIES AND PROCEDURES ARE ALSO AVAILABLE FROM THE 'CODE OF CONDUCT' SECTION OF THIS SITE. FITCH MAY HAVE PROVIDED ANOTHER PERMISSIBLE SERVICE TO THE RATED ENTITY OR ITS RELATED THIRD PARTIES. DETAILS OF THIS SERVICE FOR RATINGS FOR WHICH THE LEAD ANALYST IS BASED IN AN EU-REGISTERED ENTITY CAN BE FOUND ON THE ENTITY SUMMARY PAGE FOR THIS ISSUER ON THE FITCH WEBSITE.

View source version on businesswire.com: http://www.businesswire.com/news/home/20160408005479/en/

Fitch Ratings
Douglas Baker
Associate Director
+1-312-368-3207
Fitch Ratings, Inc.
70 West Madison St.
Chicago, IL 60602
or
Jamie Tucker, CPA
Associate Director
+1-212-612-7855
or
Media Relations:
Hannah James, New York, + 1 646-582-4947
Email: [email protected]

Source: Fitch Ratings

You May Also Be Interested In

• Aegon announces Chief Financial Officer transition
• Kristen Lecos Expands Her Work in Digital Media and Brand Strategy
• York Bridge Concepts Brings Timber Bridge Design-Build Expertise to ASLA 2026 as Landscape Architects Tackle Complex Public Spaces