Monday, March 27, 2006
Bird-Flu Pandemic Likely To Hit Life Insurers/Reinsurers Hardest
Fitch Ratings says life insurers and their reinsurers would be most likely to be the hardest hit by a bird flu pandemic, although the agency does not envision a threat of widespread downgrades to either the life, non-life or reinsurance sectors.
In a special report issued today, Fitch says life insurers, non-life insurers and reinsurers would all be affected by any falls in the investment market that could accompany a flu outbreak. Although this could be significant, if the outbreak is relatively short-lived, the overall impact is likely to be temporary. Consequently, Fitch does not envision a significant threat of widespread ratings downgrades to either the life or non-life sector at present.
Bird-Flu Pandemic Likely To Hit Life Insurers/Reinsurers Hardest
Source: Insurance News Net
In a special report issued today, Fitch says life insurers, non-life insurers and reinsurers would all be affected by any falls in the investment market that could accompany a flu outbreak. Although this could be significant, if the outbreak is relatively short-lived, the overall impact is likely to be temporary. Consequently, Fitch does not envision a significant threat of widespread ratings downgrades to either the life or non-life sector at present.
Bird-Flu Pandemic Likely To Hit Life Insurers/Reinsurers Hardest
Source: Insurance News Net
Permalink posted by armandn @ 12:22 PM 
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