AM Best Maintains Negative Outlook for Life Sector
December 16, 2020 by Emily Holbrook
AM Best is maintaining a negative market segment outlook on the U.S. life and annuity insurance markets for 2021, based mainly on the economic and financial market uncertainty created by the COVID-19 pandemic.
Although the pandemic has increased mortality, the increase in the number of death claims has had only a limited impact on overall capitalization, the rating agency says in a market segment report.
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Originally Posted at ThinkAdvisor on December 14, 2020 by Emily Holbrook.
Categories: Industry Articles