Wednesday, April 11, 2007
UBS Expects 'Decent, but Not Great' Life Insurance Cos Results
Financial Post, Duncan Mavin, 11 April 2007UBS Investment Research is forecasting "decent, but not great" results from the big life insurance companies, due to report first quarter 2007 earnings starting in the first week of May.Profits across the industry could be hurt by weak equity markets, a challenging rate environment, and strong competition, said UBS analyst Jason Bilodeau in a note."North
Labels:
Great-West,
Manulife,
Sun Life
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