US insurers’ direct exposures to SVB & other bank failures modest, says Fitch
Reinsurance News - Mar 16, 2023
Fitch Ratings has reported that the initial analysis of rated U.S. insurers’ exposures to now-failed banks (Silicon Valley Bank, Silvergate and Signature Bank) are modest. Fitch-rated insurance entities’ direct investment exposure to the failed banks is estimated to total $1.16 billion, with most of...
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