Moody’s: US life insurance outlook is stable for 2024
December 19, 2023 by Press Release
Moody’s Investor Service maintains a stable outlook for the US life insurance sector, driven by benefits of rising interest rates, which will offset slower economic growth as well as weakness in certain asset classes such as commercial real estate. Insurers’ solid capital positions will help them weather negative surprises in the capital markets and economy, and the rise in interest rates over the past year will help support profitability through higher investment income. The key drivers of Moody’s 2024 outlook are:
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