GE's long-term care exposure magnifies counterparty risk for several insurers

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<rdf:Description>
<dc:date>2019-08-29</dc:date>
<dc:description xml:lang="es">Sumario: Long-term care (LTC) insurance has been the source of many concerns and discussions in the industry for some time. Sentiment surrounding LTC results has been negative for years, driven by poor performance. The poor performance was due to inadequate pricing related to factors such as low interest rates, lapse rates, mortality, morbidity, and policyholder utilization assumptions, among others. These factors led to large losses and significant reserve increases on inforce business and drove many insurers to depart from the market.</dc:description>
<dc:identifier>https://documentacion.fundacionmapfre.org/documentacion/publico/es/bib/169120.do</dc:identifier>
<dc:language>eng</dc:language>
<dc:publisher>A.M. Best Company</dc:publisher>
<dc:rights xml:lang="es">InC - http://rightsstatements.org/vocab/InC/1.0/</dc:rights>
<dc:subject xml:lang="es">Mercado de seguros</dc:subject>
<dc:subject xml:lang="es">Long term care insurance</dc:subject>
<dc:subject xml:lang="es">Perspectivas del seguro</dc:subject>
<dc:type xml:lang="es">Books</dc:type>
<dc:title xml:lang="es">GE's long-term care exposure magnifies counterparty risk for several insurers</dc:title>
<dc:format xml:lang="es">5 p.</dc:format>
<dc:relation xml:lang="es">Best's Commentary ; Long-Term Care ; August 29, 2019</dc:relation>
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