Industry outlooks for global insurance and asset management return to stable in strengthening economy

Manoj Jethani, Laura Bazer and Rory Callagy discuss the reasons for returning the outlooks for global and US life insurance and global asset management to stable from negative. Plus, James Eck updates us on Puerto Rico’s debt settlements.Inside this episode: James Eck updates us on Puerto Rico’s debt settlements. (begins at 1:53 mins)Manoj Jethani, Laura Bazer and Rory Callagy discuss the reasons for returning the outlooks for global and US life insurance and global asset management to stable from negative. (begins at 7:03 mins)Related content:Assured Guaranty Ltd. and MBIA Inc. Proposed Puerto R ico GO and revenue bond settlements clarify recovery rates for financial guarantors - With the significant majority of the guarantors’ Puerto Rico exposures now covered by settlement agreements, we have updated our exposure analysis for the financial guarantors.Life Insurance - US Strengthening US economy supports return to stable outlook - As the vaccine rollout progresses, the improving health and mobility of the US population will spur growth in insurance sales, revenue, and profits.Life Insurance – Cross Region Outlook revised to stable from negative - We have changed the outlook for the global life insurance sector to stable from negative for 2021.Asset Management – Global Outlook changes to stable on higher financial markets, stronger flows - The return to stable reflects a clear improvement in the industry's operating conditions.