12 stories this week 77 in all, from the Insurance desk.
Fixed-maturity holdings lost $899.6 million as yields rose, while the portfolio's yield to maturity climbed to 5.8% from 4.8%.
$426MThird-quarter losses on fixed-maturity investments · Royal Gazette Bermuda Re, company figures
The FRM group builds reserve portfolios around insurers' accounting, capital and liquidity limits, its portfolio manager says.
Moody's counts the exposure at 1.4% of cash and invested assets, with guarantees and leases adding exposure outside the reported figure.
AM Best reported the Oct. 23 agreement with no purchase price or closing date.