Insurer’s investment portfolios will suffer minimal repercussions from the sub-prime mortgage meltdown, but resulting legal actions will probably cause professional liability claims, rating agency executives said.

In a conference call held today, executives with Moody’s Rating Service said only one to two percent of insurer’s investment portfolios are invested in subprime mortgage securities, amounting to little impact on their business and subsequently not affecting their ratings.

Want to continue reading?
Become a Free
PropertyCasualty360 Digital Reader.


  • All news coverage, best practices, and in-depth analysis.
  • Educational webcasts, resources from industry leaders, and informative newsletters.
  • Other award-winning websites including and

Already have an account?



Join PropertyCasualty360

Don’t miss crucial news and insights you need to make informed decisions for your P&C insurance business. Join now!

  • Unlimited access to - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including, and
  • Exclusive discounts on PropertyCasualty360, National Underwriter, Claims and ALM events

Already have an account? Sign In Now
Join PropertyCasualty360

Copyright © 2022 ALM Global, LLC. All Rights Reserved.