Analysts at Fitch Ratings whack long-term care insurance (LTCI) hard in a review of the statutory results of U.S. individual LTCI operations.

The analysts at Fitch, Chicago, head the review with the assessment, "Unfavorable Results; Uncertain Outlook."

"The need for long-term care insurance is well-documented," the analysts write. "The graying of America is expected to accelerate with the baby boomer generation starting to turn 65 beginning in 2011."

Continue Reading for Free

Register and gain access to:

  • Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Allison Bell

Allison Bell, a senior reporter at ThinkAdvisor and BenefitsPRO, previously was an associate editor at National Underwriter Life & Health. She has a bachelor's degree in economics from Washington University in St. Louis and a master's degree in journalism from the Medill School of Journalism at Northwestern University. She can be reached through X at @Think_Allison.