|
|
 |
|
Viewing report
|
|
|
|
U.S. Life Insurance 2011 Outlook: Back To Stable, But Competition Remains Tough And Interest Rates Are Low Dec 10
Standard & Poors, Dec 2010
Abstract
Stronger balance sheets, recovering financial markets, and somewhat less-risky liability profiles are improving U.S. life insurers' credit profiles. As a result, Standard & Poor's Ratings Services is revising its outlook on the sector to stable from negative. Our outlook had been negative since October 2008, predominately because of the steep economic downturn and the strain it put on life insurers' earnings, investments, and capital. As we expected, the pace of downgrades slowed during 2010. We lowered our ratings on 16 life insurers through Nov. 15, 2010, compared with 28 during the same period in 2009 (see chart 1). The outlook distribution also has improved, with 26% of life insurers with negative outlooks or ratings on CreditWatch negative as of Nov....
Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, financial institutions, insurance companies, utilities, sovereigns and structured finance programs. RatingsXpress Credit Research lets users determine the credit rating of holdings and identify key factors underlying an issuer's creditworthiness, distinguishes the different risk exposures for new and existing deals, and provides an understanding of how their analysts interpret key regulatory, political and environmental events and their economic impact.
Research Type: Commentary
Criteria articles describe the thought process and methodology Standard & Poor's analysts use in determining ratings. These commentary pieces discuss both the quantitative (economic and financial) and qualitative (business analysis and caliber of management) aspects of the analysis, as well as legal issues.
|
|
|
|
