“Higher for longer” interest rate environment is boosting life insurance demand, Swiss Re Institute
June 20, 2024 by Jack Willard
Swiss Re Institute is forecasting a 40% rise in insurers’ investment income on average, for insurers in the largest eight life markets in the five years to 2027, driven primarily by higher bond yields.
In a recent blog authored by James Finucane, Senior Economist, Swiss Re Institute & Loïc Lanci, Economist, Swiss Re Institute, the pair explain that today’s “higher for longer” interest rate environment is “boosting life insurance demand and new business sales, investment performance and profitability.”
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