Wednesday, January 21, 2009
Life Insurers Seek Lower Cash Cushions
To the list of industries seeking government relief, add another: life insurance.
Battered by the financial crisis, life insurers are urging regulators to let them operate with thinner financial cushions -- the capital they must hold to absorb financial shocks and cover their obligations to policyholders.
Life Insurers Seek Lower Cash Cushions
Source: Washington Post
Battered by the financial crisis, life insurers are urging regulators to let them operate with thinner financial cushions -- the capital they must hold to absorb financial shocks and cover their obligations to policyholders.
Life Insurers Seek Lower Cash Cushions
Source: Washington Post