Thursday, June 18, 2009
S&P May Downgrade MassMutual
Outlook on New York Life, TIAA Lowered
Standard & Poor's Ratings Services warned its considering cutting the AAA credit rating on Massachusetts Mutual Life Insurance Co., while also lowering its ratings outlook on two other AAA-rated U.S. life insurers, amid investment losses and credit impairments.
Life insurers have been hammered by tumult in the financial markets, which has led to giant investment losses...
WSJ: S&P May Downgrade MassMutual (Subscription required)
Standard & Poor's Ratings Services warned its considering cutting the AAA credit rating on Massachusetts Mutual Life Insurance Co., while also lowering its ratings outlook on two other AAA-rated U.S. life insurers, amid investment losses and credit impairments.
Life insurers have been hammered by tumult in the financial markets, which has led to giant investment losses...
WSJ: S&P May Downgrade MassMutual (Subscription required)
Permalink posted by markw @ 5:29 AM 
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