Life Insurers Can Withstand Even Extreme COVID-19 Second Wave, Moody’s Says
December 23, 2020 by Press Release
With interest rates at historically low levels and economic uncertainty remaining high, Moody’s Investors Service found its portfolio of U.S. life insurers well-positioned to withstand a severe scenario of elevated mortality from COVID-19 coinciding with stressed equity and credit markets.
Highlights from Moody’s analysis include:
Life insurers can tolerate higher COVID-19 claims; life reinsurers more exposed.