2Q Red Ink Flows: Insurers Retrench With Products, Pricing
August 12, 2020 by John Hilton
More insurers reported second-quarter earnings today and a pattern of strategies is emerging to limit financial losses to ultra-low interest rates and the COVID-19 pandemic.
In addition to pulling products and limiting sales, insurers are aggressively repricing and shifting product lineups. Many are introducing new products in a quick pivot to new strategies.
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Originally Posted at InsuranceNewsNet on August 6, 2020 by John Hilton.
Categories: Industry Articles