Click here for secure structured settlement quote form or call toll-free 888-325-8640
Font Size:
Moody's Life Ins. outlook stable
Moody's has improved its outlook on the U.S. life insurance industry to stable from negative. The negative outlook had been in place since the third quarter of 2002. Moody's said that the key credit concerns--investment losses, equity market declines, and low interest rates--that had prompted several rating adjustments downward and negative outlooks during the past 2 years have subsided to a significant extent. The scope of Moody's outlook includes the life insurance industry as a whole, not just those companies operating within the structured settlement annuity space.
