US P&C insurers should not take a significant direct hit to their balance sheets following the downgrade of the sovereign's AAA rating to AA+ by Standard & Poor's (S&P), according to the National Association of Insurance Commissioners (NAIC).
US P&C insurers should not take a significant direct hit to their balance sheets following the downgrade of the sovereign's AAA rating to AA+ by Standard & Poor's (S&P), according to the National Association of Insurance Commissioners (NAIC).