Friday, November 21, 2008
Commercial Loan Losses Hurting Insurers
A new wave of loan defaults, this time tied to commercial mortgages, is starting to hit insurance companies and may be contributing to the stock market's woes.
Industry players say the insurers' predicament is being worsened by a rule requiring that mortgage assets be valued at current market prices -- a mandate that federal regulators are re-examining.
Commercial Loan Losses Hurting Insurers
Source: Yahoo! Finance
Industry players say the insurers' predicament is being worsened by a rule requiring that mortgage assets be valued at current market prices -- a mandate that federal regulators are re-examining.
Commercial Loan Losses Hurting Insurers
Source: Yahoo! Finance
Permalink posted by armandn @ 7:45 AM 
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