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AM Best: Low Interest Rates Challenge Life/Annuity Writers (AM BestTV)
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OLDWICK, N.J.--(BUSINESS WIRE)--In this episode of AMBestTV, Associate Director Jason Hopper and Financial Analyst Igor Bass, both of AM Best, said economic turmoil from the COVID-19 pandemic is creating new challenges for life/annuity writers. Click on http://www.ambest.com/v.asp?v=interestrates820 to view the entire program. Hopper outlined the steps that the life/annuity insurers have taken to de-risk their portfolios, while also describing some of the differences between interest-sensitive companies…