From the Wall Street Journal May 27, 2009
"Even if markets turn sour again, life insurers and reinsurers are considered to be fit enough to weather the financial and economic crisis because of their solid balance sheets, industry experts said Wednesday.
Rating agency Moody's Wednesday issued an optimistic note on the sector, saying its capital and liquidity stress test showed that even in a worsening market that could result in further downgrades, insurers are likely to retain investment grade ratings......"
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