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    • S&P Expects More Big Life Insurer ‘Assumption Unlocking’ Charges

    November 22, 2022 by Allison Bell

    More life insurers could soon announce the kinds of big, “non-cash” charges that Lincoln Financial and Prudential Financial put in their earnings for the third quarter, an S&P Global Ratings analyst said today.

    Carmi Margalit, the life insurance sector lead at S&P Global, predicted that the charges will make earnings reports based on publicly traded companies’ U.S. generally accepted accounting principles (GAAP) look ugly.

    Click HERE to read the full story via ThinkAdvisor

    Originally Posted at ThinkAdvisor on November 22, 2022 by Allison Bell.

    Categories: Industry Articles
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