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-0.00115549686365137 0.000165070980521591 0.000330141961043183 0.00330141961043242 0.0102344007923407 0.0112248266754704 0.0112248266754704 0.0112248266754704
Stock impact report

U.S. life insurers' results seen as test against lengthy coronavirus volatility [Reuters]

MetLife, Inc. (MET) 
Last metlife, inc. earnings: 2/5 04:15 pm Check Earnings Report
US:NYSE Investor Relations: investor.metlife.com
Company Research Source: Reuters
U.S. life insurers' results seen as test against lengthy coronavirus volatility (Reuters) - U.S. life insurers’ financial results will offer a glimpse into how well their investment portfolios will withstand volatile markets and prolonged low interest rates as the coronavirus crisis rolls on, analysts and industry sources said. First quarter results, which insurers begin reporting later in April, will test strategies and investment products, such as types of derivatives contracts, that insurers use to protect against risk in volatile markets, said S&P analyst Deep Banerjee. “This is a good checkpoint to see if the protection that insurers have bought from themselves is working or not,” Banerjee said. The industry has been taking on increasingly risky investments such as corporate bonds, hedge funds and hard assets like real estate for over a decade to offset low interest rates. But during the coronavirus rout, the riskiest investments have taken the biggest haircuts. For example, Brid Show less Read more
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