You are here

Insurers urged to seek solutions to low interest rates

Tuesday, May 19, 2015 - 05:50

In Singapore, effective yields are influenced by expected foreign interest rates and foreign exchange rate movements, said Philip Chung, analyst with Standard & Poor's.

FACED with persistent low interest rates, insurers need to proactively seek solutions to beat the blues, said analysts, adding that they could either reprice products or adjust new business guarantees or bonuses to reflect the market rate, among other measures.

This is necessary as the

Market voices on:

Pair your daily business read with the perfect cup of espresso.

Subscribe to The Business Times today to receive your very own Nespresso Inissia coffee machine worth $188.

Find out more at

Powered by GET.comGetCom