A.M. Best Briefing: A Reach for Yield: Fixed Indexed Annuity Writers Turn to Less Liquid Bonds

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OLDWICK, N.J.--(BUSINESS WIRE)--With the continuation of low interest rates and narrowing credit spreads, A.M. Best is seeing evidence that some life insurers are reaching for yield via the assumption of liquidity risk in their fixed income portfolios. According to a new Best’s Briefing, titled, “A Reach for Yield: Fixed Indexed Annuity Writers Turn to Less Liquid Bonds,” fixed income securities may be affected by several risk factors, including, but not limited to: interest rate risk, credit r

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