Fitch: subprime/Alt-A losses could erode 20% of US life capital
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Fitch: subprime/Alt-A losses could erode 20% of US life capital

20 July 2009
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The US life insurance sector faces gross losses from its exposure to non-agency subprime/alt-A residential mortgage investments that could potentially wipe out 20 percent - or up to $47.46bn

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