The safest predictions to make for the private long-term care insurance (LTCI) market are that interest rates will stay low, people will keep getting old, and policymakers will continue to be cold.
Insurers are conducting reserve reviews that may lead to more scrutiny from Wall Street.
But, on the other hand, to quote Warren Buffett, “Be greedy when others are fearful.”
Investors, securities analysts and many insurance company executives are certainly scared of long-term care (LTC) risk right now, and that might be a sign that the LTCI market is near a market bottom.