The economic malaise and mounting catastrophe losses will continue to depress the insurance industry, a new report from Standard & Poor's Ratings Services says.

The report, "Fewer Downgrades Expected For North American Insurance Holding Companies, But Negative Outlook Remains," notes that the company’s outlook on the sector has been negative since the onset of the financial crisis. As the economic downturn lingers and investment income falters, the industry will continue to struggle, S&P says.

Register or login for access to this item and much more

All Digital Insurance content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access