Assessing risk made difficult by behavioural influences
Low rates have dominated thinking, but lapse risk a growing threat for insurers
French life insurers have to pay back their customers at the drop of a hat – an exposure that rises in tandem with interest rates, as customers seek better returns elsewhere. But with the industry’s traditional hedge for this risk now too pricey,...
Switch to predictive models to provide better understanding of risk
Rate of relief
Insurers 'keen to close down market' in controversial investments
When surrender is an option
The persistency problem