In private, life insurers express ‘concern’
June 18, 2020 by Editorial Staff
‘About one-third of companies expect a negative 10-year treasury rate at the end of 2020 in their worst case scenario,’ according to a high level life insurance industry report.
The COVID-19 pandemic infection has greatly affected the economy, resulting in volatile market conditions and impacting life insurers’ balance sheets, according to a new report from the Society of Actuaries, LIMRA, Oliver Wyman, and the American Council of Life Insurers.
Originally Posted at Retirement Income Journal on May 28, 2020 by Editorial Staff.
Categories: Industry Articles