Friday, October 03, 2008

 

Spike In Life Insurance CDS Spreads Said Overdone

A sharp increase in the cost of insuring U.S. life insurance companies' debt against the risk of default is overdone as the major players are not facing any liquidity or solvency issues, research firm CreditSights said on Friday.

Spike In Life Insurance CDS Spreads Said Overdone
Source: Reuters

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