U.S. life insurance companies substantially increased their holdings of collateralized loan obligations between 2011 and 2013, according to Fitch Ratings.

Fitch compiled information from statutory reports for 35 insurance groups showing that CLOs represented 33% of their total portfolios of asset-backed securities at year-end 2013. That’s up from 21% in 2012 and 18% in 2011.

Subscribe Now

Access to a full range of industry content, analysis and expert commentary.

30-Day Free Trial

No credit card required. Access coverage of the securitization marketplace, including breaking news updated throughout the day.