SOURCE: Five Star Equities
NEW YORK, NY--(Marketwire - Aug 15, 2012) - Fitch Ratings recently noted that U.S. life insurers have been pressured by historically low interest rates. Fitch Ratings in a recent release stated that "the impact of sustained low interest rates will limit the ability of U.S. life insurers to materially improve earnings and debt service metrics over the next two years." Five Star Equities examines the outlook for companies in the Life Insurance Industry and provides equity research on Manulife Financial Corp. (NYSE: MFC) (TSX: MFC) and American International Group, Inc. (NYSE: AIG).
Access to the full company reports can be found at:
Life insurers have been pressed by a multistate tasks force to pay out on forgotten insurance policies. Over the decades state regulators have estimated that more than a billion dollars of death benefits have been failed to be paid out by life insurance companies, as it is the beneficiary's responsibility to file a claim. Insurance companies in recent months have agreed to begin cross-checking their policy holders list with a death database in efforts to track down beneficiaries.
"We know the percentages represent real people, and we've been working with policy makers on ways to ensure all policyholders get the benefits they deserve," said the official, Bruce Ferguson of the American Council of Life Insurers.
Five Star Equities releases regular market updates on the Life Insurance Industry so investors can stay ahead of the crowd and make the best investment decisions to maximize their returns. Take a few minutes to register with us free at www.FiveStarEquities.com and get exclusive access to our numerous stock reports and industry newsletters.
Operating as Manulife Financial in Canada and in most of Asia, and primarily as John Hancock in the United States, Manulife Financial Corporation offers clients a diverse range of financial protection products and wealth management services through its extensive network of employees, agents and distribution partners. Funds under management by Manulife Financial and its subsidiaries were C$514 billion (US$504 billion) as at June 30, 2012.
American International Group, Inc. (AIG) is a leading international insurance organization serving customers in more than 130 countries. AIG reported net income of $2.3 billion and after-tax operating income of $1.9 billion for the quarter ended June 30, 2012, compared to net income of $1.8 billion and after-tax operating income of $1.2 billion for the second quarter of 2011.
Five Star Equities provides Market Research focused on equities that offer growth opportunities, value, and strong potential return. We strive to provide the most up-to-date market activities. We constantly create research reports and newsletters for our members. Five Star Equities has not been compensated by any of the above-mentioned companies. We act as an independent research portal and are aware that all investment entails inherent risks. Please view the full disclaimer at: