Friday, October 24, 2008

 

U.S. Life Insurers Face Increasing Risk from Variable Annuities

Fitch Ratings sees equity market performance 2008 as having a dramatic impact on U.S. life insurers active in the variable annuity market. Persistent adverse market conditions will pressure life insurer's earnings and risk-based capital levels for the balance of 2008 and into 2009. The industry ability to manage this growing risk exposure represents one of the most significant risk management challenges confronting U.S. life insurers.

U.S. Life Insurers Face Increasing Risk from Variable Annuities
Source: Business Wire

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