The life insurance industry has its outlook cut to negative by Moody's thanks to the expectation...
The life insurance industry has its outlook cut to negative by Moody's thanks to the expectation (certainly reinforced in the last 24 hours) "that interest rates will remain in the low single digits for the next few years ... continu(ing) to erode insurers' earnings and revenues." The Fed has one word for the insurers: Leverage.
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