Close Close
Sign In
Newsletters
Popular Financial Topics Discover relevant content from across the suite of ALM legal publications From the Industry More content from ThinkAdvisor and select sponsors Investment Advisor Issue Gallery Read digital editions of Investment Advisor Magazine Tax Facts Get clear, current, and reliable answers to pressing tax questions
Luminaries Awards
Podcast Center Video Center Webcasts Resource Center Events
About ThinkAdvisor Contact Us Advertise With Us Asset & Logo Licensing Sitemap Terms of Service Privacy Policy Copyright © 2024 ALM Global, LLC. All Rights Reserved.
ThinkAdvisor

Life Health > Life Insurance

Analyst Mulls Insurers' 2Q Results

By staff Writer

X
Your article was successfully shared with the contacts you provided.

Poor equity markets could have an impact on life insurers’ financial results for the second quarter, an industry analyst warns.

Stocks in the Standard & Poor’s 500 fell 12% during the quarter, points out Andrew Kligerman, a life insurance analyst in the New York office of UBS Investment Research. In addition, life insurers’ earnings in the quarter were likely reduced by deferred acquisition cost unlocking, higher variable annuity guarantee liabilities and market-related pressures on risk-based capital ratios.

Kligerman reports that a UBS survey found 64% of investors expect the U.S. life sector to outperform the S&P500 in the quarter, while 13% expect the sector to be in line with other S&P500 companies, and 23% look for it to underperform that index.

tt

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.