In 2016,pension fund reserves held by life insurance companies represent about 45 percent of the typical life insurer's assets.

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This statement is true. According to a report by the National Association of Insurance Commissioners (NAIC), as of year-end 2016, pension fund reserves held by life insurance companies represented about 45 percent of the typical life insurer's total assets.

In 2016,pension Fund Reserves Held by Life Insurance Companies Represent