Moody's report full of praise for mutual life companies

Report notes that despite the improved economic environment, there are still four times as many companies with a negative outlook for their current financial strength ratings than those with a positive one.

Moody's report full of praise for mutual life companies

Mutual life insurance companies will continue to outperform their joint stock counterparts because of the kind of products they sell and because they are more conservatively managed, according to a mid-year report on the US life insurance sector by the rating agency, Moody's Investor Services.