“Fitch Wants Insurers to Post More LTCI Performance Data,” by Allison Bell, ThinkAdvisor

“Analysts at Fitch Ratings want life insurers to post more details about their long-term care insurance (LTCI) blocks. If life insurers post more, standardized LTCI performance information, and the increased supply of information makes the performance of each LTCI block easier to compare with the performance of other blocks, that would be ‘supportive of creditworthiness,’ Fitch says. Fitch made the plea for more LTCI performance information in a comment on its views of the LTCI sector.”

LTC Comment (from Stephen A. Moses, President, Center for Long-Term Care Reform):

“Supportive of creditworthiness?” Or not. But likely yes going forward.

Fitch Wants Insurers to Post More LTCI Performance Data

#ltci
#goldencareagent