Weiss Research Inc. finds a number of large life and annuity insurers are in solid financial shape.
Out of almost 900 life and annuity insurers it reviewed, Weiss, a rating service in Jupiter, Fla., rated 80 companies at B+ (good) or higher. Those companies control $1.3 trillion, or 7% of the industry's total assets, Weiss says.
Weiss rated 74 companies at D+ (weak) or lower. Those businesses control $22.2 billion, or 0.5% of the industry's total assets.
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