US life insurers commercial mortgage loan exposure could weaken capital in post-coronavirus downturn
June 11th 2020 (7.55 mins)
Manoj Jethani
Manoj Jethani and Danielle Reed of the Insurance team discuss the risks US life insurers will face in a post pandemic downturn, given significant underlying holdings in of lodging, retail and other commercial mortgage loans.
Retail, lodging mortgage loans will weaken capital amid coronavirus-driven downturn
Higher mortgage loan delinquencies and defaults will diminish US life insurers' credit strength, particularly for companies with significant exposures to retail and lodging property types.
