Falling discount rates hurt DB pensions at insurers: AM Best

By Thu, Apr 8, 2021

Only 184 insurance companies rated by AM Best had defined benefit plans at year-end 2019, compared with 257 in 2016, according to a new report. Aggregated insurance company unfunded pension benefits have dropped to $13.9 billion in 2019 from $19.4 billion five years ago.

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