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

CHICAGO--()--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

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Contacts

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: hannah.james@fitchratings.com

Contacts

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: hannah.james@fitchratings.com