Fitch Ratings, New York, said U.S. life insurers’ ratings are not currently at risk from commercial real estate exposure, due to insurers’ stable investment portfolios, conservative underwriting, strong liquidity and effective asset-liability management.
Tag: Life Insurance Companies
Trepp: Positive Q1 for Insurance Company Commercial Mortgages, But Office Sector Concerns
Trepp, New York, said its LifeComps index of insurance company commercial mortgage investments in the first quarter saw a total return of 2.5% in the first quarter, with a 1.4% contribution from price appreciation.
Fitch Ratings: U.S. Life Insurers’ Commercial Mortgages Stable Amid Growing Headwinds
Fitch Ratings, New York, said U.S. life insurers’ commercial mortgage fundamentals have largely recovered since the pandemic, with stable property outlooks for hotel, office retail and multifamily sectors.
Disruptions Sink Life Insurance Mortgage Returns
Trepp, New York, said life company investments are feeling the effects of major market events that have taken place since early 2022.
Fitch Ratings: Life Insurers Have Significant Commercial Mortgage Default Headroom
Fitch Ratings, New York, said potential stress on U.S. life insurers’ commercial mortgage portfolios will not drive rating downgrades, given the industry’s strong capitalization, current loan quality and historical loss experience.
Key Takeaways from MBA Webinar: It’s a Wonderful Life Insurance Company Market
The Mortgage Bankers Association co-hosted a virtual panel with the California Mortgage Bankers Association and the American Council of Life Insurers on July 14.
Life Insurers Brace for Higher Commercial Mortgage Losses
Fitch Ratings, New York, said life insurance companies could see higher losses on commercial mortgage loans than they saw during the Great Recession. The pessimistic forecast reflects both the severity …
Life Insurance Commercial Mortgage Return Index Surges
Commercial mortgage investments held by life insurance companies posted a 4.58 percent total return in the second quarter, a major reversal from the first quarter’s negative 1 percent return, said Trepp LLC, New York.
Life Insurance Commercial Mortgage Index Drops Steeply
Trepp LLC, New York, said life insurance company mortgage returns dropped steeply during the first quarter as declining interest rates could not offset growing credit concerns.
MBA: Commercial/Multifamily Mortgage Debt Grows by Largest Annual Amount Since 2006
The Mortgage Bankers Association reported commercial/multifamily mortgage debt outstanding at the end of 2019 rose by $248 billion (7.3 percent) from a year ago.