IMF concerned about US life insurers
April 26, 2013 by Arthur D. Postal
Life insurance companies chasing risky assets in a low interest rate environment need to be closely monitored, the International Monetary Fund says in a new report.
The IMF report labels the issue as the “gamble for resurrection” in response to solvency risk, asset-liability mismatches or diminishing net margins in a low-interest rate environment.
This “re-risking via changes in business models or asset allocation needs to be closely monitored,” the report said. Click here to read…
Originally Posted at LifeHealthPro on April 18, 2013 by Arthur D. Postal.
Categories: Industry Articles