Insurance News

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A Moody?s Investors Service study finds the property and casualty insurance industry?s investment portfolio well positioned for future success especially compared to other financial services sectors.

The firm?s U.S. P&C Insurance Company Investment Portfolios report said the industry?s investment portfolios are ?generally conservatively positioned, with the level of conservatism increasing over the last year.?

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Experts say that it is unlikely that coming generations will have pensions, social security or retirement health benefits. Alan Greenspan in a senate review on 7/20/05 said, “Retirees will need 80% of their income level to have a comfortable life and it will have to come substantially from non-social security, non-pension benefits.” Now, more than ever, people must be able to create wealth, protect their families and minimize risk.

1) Read the rest of this entry »