NU Online News Service, April 21, 4:01 p.m.EDT
Property-casualty insurers trying to keep adequate capitallevels will face a tough challenge continuing past this year, arating service said.
While most in the p-c sector should be sufficiently capitalizedfor their rating, further declines in equity and credit marketscould adversely affect capitalization and accelerate the erosion ofinsurer financial strength, Standard & Poor's reported.
Continue Reading for Free
Register and gain access to:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© 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.