US life/annuity insurers’ BBB bond exposures continue to grow

03-12-2019

The US life/annuity industry has increased its bond allocations to NAIC Class 2 Securities markedly over the last decade, to more than 34 percent of overall holdings from 27 percent in 2009, as current market trends remain attractive for BBB debt issuance, according to a new report from AM Best.


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