Industry | 2009.11.16
A.M. Best Special Report: Lower Interest Rates Shift Operating Environment for Region’s Insurers
OLDWICK, N.J.--(BUSINESS WIRE)--Insurers operating in the Asia-Pacific region have had to adapt to intense market changes from the global financial crisis. Asset values declined substantially during 2008 and through March 2009, which resulted in deteriorating risk-adjusted capitalization, particularly for those insurers with less conservative investment portfolios. Although financial markets have improved since March 2009, the industry still faces an extremely low interest-rate environment. On t
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