Insurers Brace for Economy's Wrath

Lehmann, R. J.
November 2008
Best's Review;Nov2008, Vol. 109 Issue 7, p12
Trade Publication
The article highlights the online survey of A.M. Best on the impact of economic turmoil towards insurance industry in the U.S. The survey shows that 85% of insurance industry professionals believe that the ongoing turmoil in global credit market will affect their business. In addition, the respondents believe that investment yields will also diminish. Moreover, 72% of the respondents foresee a bankruptcy of the major multiline insurance group.


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