A.M. Best Special Report: Despite Improved Markets, Fundamental Concerns Remain

In the recently issued Special Report "Life/Annuity Mid-Year Update: Despite Improved Markets, Fundamental Concerns Remain," A.M. Best Co. discusses the drivers behind maintaining its negative rating outlook on the U.S. life/health industry. In September 2008, A.M. Best revised its rating outlook on the industry to negative from stable. In the two quarters that followed, stock prices of publicly traded life/annuity companies plunged, life insurers' general account investment portfolios recorded substantial impairments, equity-sensitive business lines struggled and liquidity and capital preservation became the key focuses for life insurers...

iStockAnalyst: A.M. Best Special Report: Despite Improved Markets, Fundamental Concerns Remain