Life insurers scrape for yield
June 6, 2014 by Allison Bell
The heads of two large life insurers said today that their companies are resisting pressure to take much more interest rate or credit rate risk to boost investment yields.
Roger Crandall, chief executive officer of MassMutual, and Ted Mathas, CEO of New York Life, talked about their companies’ cautious search for yield at a CEO panel at an insurance industry conference organized by Standard & Poor’s. Economists at an earlier conference session speculated about when rates might move higher.
Originally Posted at LifeHealthPro on June 5, 2014 by Allison Bell.
Categories: Industry Articles
