Friday, January 09, 2009
Life Insurer Surplus Drops $77 Billion, Erasing Gain
U.S. life insurers, led by MetLife Inc. and Prudential Financial Inc., lost $76.8 billion in surplus in 2008 on investment declines and costs guaranteeing retirement products, erasing six years of gains, Conning & Co. said.
Life Insurer Surplus Drops $77 Billion, Erasing Gain
Source: Bloomberg
Life Insurer Surplus Drops $77 Billion, Erasing Gain
Source: Bloomberg