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Disability Benefits Show Signs of Moderating as Short-Term COVID-19 Claims Volume Eases: Earnings for the disability insurance market improved in 2022, according to an AM Best report, as premium revenue increased, COVID-related cases abated, and the rise of interest rates had favorable impacts on investment income and reserve assumptions
- Source :
- Best's Review. June, 2023, Vol. 124 Issue 6, p40, 4 p.
- Publication Year :
- 2023
-
Abstract
- U.S. life/health insurers paid $107.97 billion in disability benefits in the first nine months of 2022, down from $110.13 billion for the same period a year ago, according to AM [...]
- Subjects :
- Employee benefits -- Forecasts and trends -- Reports
Insurance industry -- Company sales and earnings -- Forecasts and trends -- Prices and rates
Interest rates -- Forecasts and trends -- Reports
Market trend/market analysis
Insurance industry
Company earnings/profit
Employee benefits
Company pricing policy
Business
Insurance
Subjects
Details
- Language :
- English
- ISSN :
- 15275914
- Volume :
- 124
- Issue :
- 6
- Database :
- Gale General OneFile
- Journal :
- Best's Review
- Publication Type :
- Periodical
- Accession number :
- edsgcl.751903413