Moody's: Life insurers’ net income fell in 2012

March 7, 2013 by Warren S. Hersch

Life insurers’ aggregate net income in 2012 fell 22 percent compared with 2011, according to new research.

Moody’s Investors Service, New York, publishes this finding in a special March 2013 survey of U.S. life insurers fourth quarter 2012 results.

Aggregate net income for the 18 life insurers surveyed by Moody’s in fiscal year 2012 totaled $15.8 billion, down from $20.2 billion in fiscal year 2011, a 22 percent decline. Click here to read…

Originally Posted at LIfeHealthPro on March 6, 2013 by Warren S. Hersch.