Dave, I agree. What is hurting carriers now is they cannot make any money on their money, just like us. Low interest rates kept artificially low by the Fed have not been kind to investors. Yes, the market has tightened up with Commercial Underwriting on acceptance of risk since they need to make an underwriting profit. This is sure a weird market now and wild swings in the stock market are not helping.
I see rate weakening, claim growth and a continued low rate environment hampering profitability more than Moody’s believes. But I could be wrong.
Dave, I agree. What is hurting carriers now is they cannot make any money on their money, just like us. Low interest rates kept artificially low by the Fed have not been kind to investors. Yes, the market has tightened up with Commercial Underwriting on acceptance of risk since they need to make an underwriting profit. This is sure a weird market now and wild swings in the stock market are not helping.
the end is near; buy life insurance