The significant market volatility brought about by COVID-19 (better known as coronavirus) is expected to continue in the near term. Insurers have potential exposure to COVID-19 in a variety of areas, including their significant portfolios of fixed income securities.

The Houlihan Lokey Insurance team examined the U.S. insurance industry’s exposure to certain sectors that are under distress, namely airlines, casinos, hotel and cruise operators, oil and gas firms, and restaurants. We hope you find this analysis to be informative and that it serves as a valuable resource to you in staying abreast of the market in these turbulent times. Of course, in this fast changing market environment, we would be happy to discuss these and other developments in real time and look forward to staying in touch with you.