Swiss Re in Zurich, CHSwiss Re in Zurich, CH

2024-05-27T09:23:37publishswiss-re-institute-higher-interest-rates-forecasts-1-5-trillion-in-premiums-over-a-decade

May 27 2024 08:23:37 — Higher interest rates boost life insurance profitability, with USD 1.5 trillion additional global premiums expected over the next decade, Swiss Re Institute said.

Higher rates improve returns and margins, addressing retirement savings gaps. Insurers and asset managers expand capabilities; competition expected. Risks like lapse rates and credit risk manageable.

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Higher interest rates boost life insurance profitability, with USD 1.5 trillion additional global premiums expected over the next decade, Swiss Re Institute said.

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By Lisa Luckas

Lisa Luckas is a Sr. Business News Editor at Nobot.News.

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