Article Abstract:
The political and economic instability, war with Iraq, declining equity values, and the decaying corporate credit quality have brought the United States life insurance industry under severe pressure. The affect of these forces on the industry and the consequences experienced henceforth are analyzed.
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Article Abstract:
Low interest rates and shift from traditional insurance products are the main challenges in front of the American insurance industry. The rise in merger activity, and improved expense structure and better risk management may boost the profits of the industry in the short run.
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Article Abstract:
The cycle of operations of life and health insurance industries is described. Various aspects like ownership structures, types of assets, accounting methods, distribution and regulations relevant to the life and health insurance industries are also discussed.
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