NU Online News Service, June 9, 2004, 4:01 p.m. EDT – Near-term prospects for U.S. life insurers are the strongest in several years.[@@]
Analysts at Standard & Poor’s Ratings Services, New York, deliver that assessment in a midyear review of the U.S. life insurance market.
Life insurers still have to cope with the increased cost of variable product guarantees and the lingering effects of the stock market slump and bond defaults of the early 2000s.