BestWeek: Insurers Must Navigate a Complex Investment Environment.OLDWICK, N.J. -- Insurers will have to retool re·tool v. re·tooled, re·tool·ing, re·tools v.tr. 1. To fit out (a factory, for example) with a new set of machinery and tools for making a different product. 2. their investment strategies and search "farther afield" to find adequate yields in a tougher capital market environment, according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. an exclusive story in BestWeek Europe. Jack M. Nelson, insurance relationship manager with Wellington Management Co., told an audience at A.M. Best's Review & Preview Europe Update 2007 conference in London that falling bond yields and the changing nature of bond instruments mean insurers will have to work harder to get the returns they need on their assets. BestWeek Europe has many other exclusive stories from the Review & Preview conference. Also in BestWeek U.S./Canada: -- Driven by pressure from the federal government related to Medicaid matching funds Noun 1. matching funds - funds that will be supplied in an amount matching the funds available from other sources cash in hand, finances, funds, monetary resource, pecuniary resource - assets in the form of money , increasing hospital costs and old-fashioned politics, health care initiatives are proliferating in the states perhaps more than any other time in recent history. -- The adequacy of U.S. banks' Allowance for Loan and Lease Losses levels was questioned in an A.M. Best special report, "Are Loss Reserves Adequate in Light of Rising Delinquencies?" And in both editions of BestWeek, the Best's Global Insurance Composite Index Composite Index A grouping of equities, indexes or other factors combined in a standardized way, providing a useful statistical measure of overall market or sector performance over time. Also known simply as a "composite". finished the week of May 10 up 14.77% from a year ago. The composite index reflects the performance of 181 insurance stocks. The week's top performers were Ohio Casualty Corp., KMG KMG Kerr-McGee KMG Koi Mil Gaya (Hindi movie) KMG Kunming, China - Kunming (Airport Code) KMG Kent Messenger Group (UK) America, Universal American Financial, Scottish Re and PMA PMA (papillary-marginal-attached), n a system of epidemiologic scoring of periodontal disease devised by Schour and Massler in which the symbols denote the areas involved in gingival inflammation. PMA Progressive muscular atrophy Capital. The bottom five performers were Fairfax Financial, Specialty Underwriters' Alliance, American Physicians Capital, Meadowbrook Insurance Group and American Equity Investment Life Holding Co. BestWeek is published by A.M. Best Co. for insurance professionals. To subscribe, please call A.M. Best's customer service department at (908) 439-2200, ext. 5742, or e-mail your request to customer_service@ambest.com. Founded in 1899, A.M. Best Company is a full-service credit rating organization dedicated to serving the financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. industries, including the banking and insurance sectors. For more information, visit www.ambest.com. |
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