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Life Insurers May Be Poised To Weather Financial Crisis

 

Saturday, May 23,2009, 12:34:23 PM   Click:

Copyright 2009 Crain CommunicationsAll Rights Reserved Business Insurance

May 18, 2009

74 words


Life insurers may be poised to weather financial crisis

Gayle P. Levy and Mohana Terry



Despite speculation to the contrary, life insurers are better poised to withstand the current economy than other financial institutions, say Gayle P. Levy, above left, and Mohana Terry, attorneys in the insurance and reinsurance department of Edwards Angell Palmer & Dodge L.L.P. While life insurers have come under economic pressure, those that are well-capitalized likely will find ways to turn tough times to their advantage, the authors say.

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