A.M. Best Revises Rating Outlook to Stable for U.S. Life/Annuity Sector

Although 2009 saw life/health companies experience their highest level of financial impairments since 1999, A.M. Best believes the industry’s current capitalization is adequate and can withstand the impact of additional stress scenarios that incorporate ongoing elevated impairments and modest overall economic growth at current rating levels. As such, A.M. Best has revised its rating outlook for the U.S. life/annuity sector to stable from negative.

http://www.insurancebroadcasting.com/insurance-news-071910-17.htm