Potential Impacts of Capital Market Upheaval On Life Insurers
The recent volatility in interest rates and equity markets attendant upon the spread of the Coronavirus over the past two weeks marks a sharp change in conditions versus those of the last several years. The Year End 2019 ALIRT Scores and reports (to be compiled over the next few weeks) do not include any impacts from the market activity since the beginning of January. The March 31, 2020 quarterly statutory financial statements, which would reflect the impact of the current volatility, if sustained, are to be filed on May 15, 2020, with ALIRT scores and reports available a few weeks thereafter.