Insurers Had $3 Billion In Enron Investment Exposures, Best Says
NU Online News Service, Feb. 6, 12:41 p.m. EST?The Enron Corp. bankruptcy damaged insurer investment portfolios in excess of $3 billion–with the life-health segment hit hardest, an insurer rating firm announced today.
A.M. Best Company of Oldwick, N.J. said the collapse of the energy-trading giant impacted insurers with $3 billion in investment exposures as of Sept. 30, 2001.
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