Industry | 2010.09.01
Fitch: U.S. Life Insurers Exposure to Non-U.S. Government Credit Limited
CHICAGO--(BUSINESS WIRE)--Based on an analysis of the statutory financial statements for U.S. life insurers, Fitch Ratings has concluded that the industry\'s direct exposure to non-U.S. government debt is fairly limited. Further, and more to the point, Fitch believes that the industry\'s loss exposure to these investments is immaterial in relation to the industry\'s capital or earnings. Fitch\'s primary concern is that fears over sovereign debt sustainability in some euro area countries along with r
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