Regulatory reform will cost life insurers: analyst
The tax impact on carriers will encompass about 1% to 2% of their total earnings, assuming an annual tax of about 4 basis points.
While the financial-reform bill largely targets banks and brokerages, life insurers can still expect to be on the hook to help pay for its implementation.
MetLife Inc., Prudential Financial Inc. and Lincoln National Corp. are among the life insurers that likely will face a tax beginning late next y
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