EX-12.01 2 hlicex12012012revisedratio.htm EXHIBIT HLIC Ex 12.01 2012 Revised Ratio of Earnings To Fixed Charges
EXHIBIT 12.01

HARTFORD LIFE INSURANCE COMPANY

REVISED COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES AND EARNINGS
TO COMBINED FIXED CHARGES AND PREFERRED STOCK DIVIDENDS

(In millions)
 
Years Ended December 31,
 
2012
2011
2010
2009
2008
EARNINGS:
 
 
 
 
 
Income (loss) from continuing operations before income taxes
$
531

$
(137
)
$
712

$
(3,130
)
$
(5,748
)
Add: Total fixed charges, before interest credited to contractholders





Total earnings, before interest credited to contractholders
531

(137
)
712

(3,130
)
(5,748
)
Interest credited to contractholders [1]
1,526

1,554

1,613

1,596

1,826

Total earnings
$
2,057

$
1,417

$
2,325

$
(1,534
)
$
(3,922
)
FIXED CHARGES:
 
 
 
 
 
Interest expense
$

$

$

$

$

Interest factor attributable to rentals and other





Total fixed charges, before interest credited to contractholders





Interest credited to contractholders [1]
1,526

1,554

1,613

1,596

1,826

Total fixed charges
$
1,526

$
1,554

$
1,613

$
1,596

$
1,826

RATIOS:
 
 
 
 
 
Total earnings to total fixed charges [2]
1.3

 NM

1.4

 NM

 NM

Deficiency of total earnings to total fixed charges [3]
$

$
137

$

$
3,130

$
5,748

Ratio before interest credited to contractholders [4]
 
 
 
 
 
Total earnings to total fixed charges [2]
 NM

 NM

 NM

 NM

 NM

[1] Interest credited to contractholders includes interest credited on general account assets and interest credited on consumer notes.
[2] Ratios of less than one-to-one are presented as “NM” or not meaningful.
[3] Represents additional earnings that would be necessary to result in a one-to-one ratio.
[4] This secondary ratio is disclosed for the convenience of policyholders invested in the Company's general account and Consumer Note holders.


1