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.
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
- Educational webcasts, resources from industry leaders, and informative newsletters.
- Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.
Already have an account? Sign In
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.