Monday, February 23, 2009

 

A.M. Best Special Report: Life Insurers Hunker Down as Market Turmoil Continues

2008 was among the worst in memory for life insurers’ operating performance—the key drivers being substantial realized and unrealized losses on investment portfolios, higher costs of capital and a declining revenue base. These trends clearly are continuing and could deepen well into 2009 and beyond. A.M. Best Co.’s recently issued special report, “Life/Annuity Review & Preview 2009: U.S. Life Insurers Hunker Down As Market Turmoil Continues,” expresses the rating agency’s current perspective on the industry.

A.M. Best Special Report: Life Insurers Hunker Down as Market Turmoil Continues
Source: Business Wire

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