Thursday, April 16, 2009

 

Moody's Cuts Ratings On Lincoln National, Warns Of More

Moody's Investors Service on Wednesday cut its ratings on Lincoln National Corp. (LNC) and warned of possible further downgrades if the insurer's earnings continue to decline on investment losses.

The rating agency noted that Lincoln National is heavily exposed to the stock markets, which have fallen sharply since last fall, with its large block of variable annuities...

WSJ: Moody's Cuts Ratings On Lincoln National, Warns Of More (Subscription required)

This page is powered by Blogger. Isn't yours?