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S&P maintains negative outlook for US insurers
18 December 2009
Standard & Poor's has predicted that US insurers are set to start 2010 on stronger footing, but that challenges persist.
Standard & Poor's (S&P) has predicted that US insurers are set to start 2010 on stronger footing, but that challenges persist. The rating agency maintains a negative outlook on the US life insurance market.
S&P’s outlook on the life insurance market has been negative since October 2008 and downgrades continue despite general economic improvement. As such, S&P is remaining cautious in the sustainability of the recovery....
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