Life/annuity insurer stocks under pressure
June 16, 2016 by Kristen Beckman
The stock prices of publicly traded life and annuity insurers in the United States logged a 6.4 percent decline during the first quarter after showing a moderate increase of 2 percent during the fourth quarter of 2015, according to a new report by credit-rating firm A.M. Best.
The report, “Pressures Remain for Publicly Traded Life/Annuity Insurers,” outlines several potential reasons for the decline, which was well below the 0.8 percent gain posted by the overall market during the quarter. Click HERE to read… LifeHealthPro articles require free registration to view