Life insurers are hit even harder than other financials, with LNC -5.2%, MET -4.8%, HIG -4.6%,...
Life insurers are hit even harder than other financials, with LNC -5.2%, MET -4.8%, HIG -4.6%, PRU -4.2%. Morgan Stanley says “weak performance among various structured securities has escalated concerns... that we may be on the cusp of another round of credit problems for the life insurers,” but then says this concern was overblown even before today’s selloff.
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