There is more good news for the life insurance industry as new numbers frame how far the industry has bounced back from the woes spurred by the financial crisis.  According to 2009 statutory financial results for top-tier life insurers and life groups from SNL Financial, Charlottesville, Va., U.S. life insurers recovered all of the capital and surplus they lost amid the global financial crisis over the course of 2009.

But the industry's results for the full year were not without mention of accounting pronouncements, certain noteworthy reinsurance transactions, and continued investment volatility, said the report.

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