Rating migration a key risk for US life insurers
October 2, 2019 (6.43mins)
Danielle Reed, Manoj Jethani
Danielle Reed and Manoj Jethani from the Financial Institutions team discuss what ratings downgrades in life insurers’ fixed income portfolios could mean for the companies’ capital strength.
Rating migration: Key credit weakness for US life insurers amid higher investment risk
Under a severe rating migration scenario the median industry RBC ratio would decline by 69 points, or 15%.