Investor Presentaiton
Statutory Capital and Admitted Assets
•
Capital and Surplus increased from prior year driven by core operations, private
equity gains and a capital contribution of $600 million from Pacific LifeCorp
following Pacific LifeCorp senior note issuance offset by net impact of weaker
equity markets and higher interest rates
Company action level risk-based capital ratio (RBC Ratio) ¹ of 586% as of December
31, 2021
Assets decreased $5.9B due to decline in separate account values primarily from
weak equity markets offset by general account growth from new business
Net loss of $84M was driven by net impact of weaker equity markets and higher
interest rates, offset by core operations
PLIC Admitted Assets
$178,066
$172,204
$159,293
$145,748
($ Millions)
2019
2020
2021
9/30/22
1 RBC Ratio is not intended for the purpose of ranking any insurance company or for use in connection with any marketing, advertising or
promotional activities. See limitations on use in Important Notices, on slide 2. RBC is only presented on an annual basis.
PACIFIC LIFE
PLIC Capital and Surplus
$11,364
$11,353
$11,461
$10,510
2019
RBC Ratio¹ 635%
2020
628%
2021
586%
9/30/22
$1,716
($ Millions)
($ Millions)
PLIC Net Income / (Loss)
$861
$652
($99)
($84)
2019
2020
2021
9/30/21 9/30/22
PLGFII Investor Presentation (Q3 2022)
12 of 33View entire presentation