U.S. Life Insurers Looked Great in 2021: Fitch
April 12, 2022 by Allison Bell
- COVID-19 led to a big increase in mortality.
- Net investment income grew more than life insurance claims.
- This year, an increase in interest rates could help insurers’ investment returns.
The COVID-19 pandemic led to a historic spike in U.S. life insurance claims in 2021, but the life insurers’ Fitch Ratings did well.
The rating agency says total adjusted capital at the life insurers it rates increased 9.2% between the end of 2020 and 2021, to $478 billion.
Click HERE to read the full story via ThinkAdvisor
Originally Posted at ThinkAdvisor on April 7, 2022 by Allison Bell.
Categories: Industry Articles
