Wednesday, May 27, 2009

 

Morgan Stanley Raises View on U.S. Life Insurance Sector

Morgan Stanley raised its view on the U.S. life insurance sector to "attractive" from "in-line," saying concerns about capital adequacy have diminished and the fundamental outlook for the group is improving.

"We are now beginning to see clearer signs of light at the end of the tunnel," the brokerage said in a note to clients.

Morgan Stanley Raises View on U.S. Life Insurance Sector
Source: Reuters

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