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LDTI takes a bite from insurer balance sheets
18 March 2022US insurers have begun disclosing the impact of 2023's new accounting standard, proving beyond doubt it will be one of the biggest shifts in accounting rules in years. Sarfraz Thind reports
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S&P's capital model review: this could hurt
23 February 2022The rating agency's review of its capital methodology could leave insurers facing the prospect of rating changes and possible capital raising pressure, as Sarfraz Thind reports
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AIG predicts up to $3bn shareholder equity impact from LDTI
17 February 2022Expectations for it to be at lower end of $1bn to $3bn range
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US insurers downplay LDTI hit in Q4 earnings calls
03 February 2022Unum and Genworth say no significant impact expected from new accounting rule
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Insurers struggle to explain LDTI volatility to stakeholders
06 July 2021From communication to interpretation, experts discussed their challenges with implementing the incoming US life insurance accounting standard at last week's webinar. Cintia Cheong reports
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UK insurance industry to raise £100m to fight Covid-19
18 May 2020Supporters include Lloyd's of London and Aviva
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Unum credit rating cut after $1.2bn LTC reserving hit
05 May 2020Moody's downgrades rating to just above junk status
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LDTI will disproportionately hurt US long-term care
02 October 2019Decline in investment returns and morbidity assumptions to hit LTC reserves, says Moody’s
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Long-term care insurance warning for US market
21 August 2019Report on GE Capital’s long-term care insurance exposure triggers market concerns
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More insurers join Bloomberg gender equality index
17 January 2019From 2019, there are now 18 insurers overall featured in the gender equality index