As the number of property/casualty impairments continues to climb in 2012, the life/health industry reached a historically low number of impairments in 2011, according to A.M. Best’s latest report.
The sector’s financial impairments reached the lowest point in 50 years; a mere two known impairments, which represent 0.14 percent of the industry, came in slightly higher than the one company, representing 0.07 percent of the industry at the time, which became impaired in 1962.
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