Relevant:
- Life Insurers Prepare for Higher Mortgage Loan Losses
- US banks sitting on unrealized losses of $620 billion on low-interest rate-era bonds
- Worst Is Yet To Come For Insurance Companies
- Australian Banks, Mortgage Insurers Would Weather Housing Drop, Fitch Says
- Fitch: Losses on 2007 US CMBS Conduits Could Approach 10%
2008-02-22 — wsj.com
'Fitch Ratings said U.S. life insurers have an estimated $7 billion to $8 billion in unrealized losses on subprime and Alt-A investments.'
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