Thursday, June 18, 2009

Beneficial Life To Stop New Policies; Ratings Slashed - Wall Street Journal

Beneficial Life To Stop New Policies; Ratings Slashed

Wall Street Journal

In addition, higher mortality rates among policyholders is liable to result from not adding new customers. S&P also raised concerns about Beneficial's investments, which include "significant concentrations in residential mortgage-backed securities."


livejournal.com

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