AM Best will be ‘all over’ life insurers if high-risk assets escalate
April 4, 2023 by InsuranceNewsNet
Life insurers are increasingly compiling high-risk assets and AM Best is watching closely, two directors assured a federal Department of the Treasury committee Wednesday.
The exposure to high risk assets “is something that could be problematic for these companies and the first signs that we see, we’re going to be all over these companies. Absolutely,” said Mike Porcelli, director for AM Best.
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Originally Posted at InsuranceNewsNet on March 30, 2023 by InsuranceNewsNet.
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