3 Hot Sources of Life and Annuity Sector Terror
June 11, 2019 by Allison Bell
S&P Global Ratings analysts kept assuring attendees at the firm’s latest insurance conference Wednesday that life insurer capital levels, investment portfolios and ratings look fine.
S&P analysts have concluded that, even though the average rating of the life insurers it rates is an A+, those insurers have 10% more total capital than they would need to qualify for an AA rating.
But guest speakers at the conference, in New York, talked often about the problems that might come along and wreck everything.
Worries about those problems might eventually blow away. But, if some of the problems show up, they could cause big changes in which companies are in what markets, and what those companies’ insurance products cost.
Here’s a look at three risks that came up often as powerful causes of nightmares.