Stormy Weather for Life Insurers
April 15, 2020 by Kerry Pechter
Life insurers are buffeted by a perfect storm of falling interest rates, falling share prices and falling sales of annuities. But, according to David Paul of ALIRT Insurance Research, the companies are holding up fairly well.
Despite the impacts of lower equity prices, the Fed’s zero interest rate policy, business disruptions and a hefty amount of triple-B bonds on their balance sheets, life insurance companies are bearing up fairly well during the coronavirus pandemic.
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Originally Posted at Retirement Income Journal on April 9, 2020 by Kerry Pechter.
Categories: Industry Articles