SUMMARY

The State Life Insurance Fund, which is self-funded through insurance premiums and investment earnings, provides low-cost life insurance to Wisconsin residents. Its financial statements for the years ended December 31, 2015, December 31, 2014, and December 31, 2013, were fairly presented on a regulatory basis in accordance with financial reporting requirements prescribed by the Commissioner of Insurance. The surplus-to-assets ratio, which had exceeded the statutorily specified range, decreased to be within range by the end of 2014.