Persistent inflation, volatile macroeconomic environments and geopolitical risks have resulted in central banks around the world raising interest rates at an unprecedented pace.
Milliman will be releasing a series of papers in 2023 that provide perspectives on the opportunities and challenges life insurers face. This paper, the first in our series, highlights the impact on the key areas below:
- Balance Sheet and Capital Positioning
- Product Development
- Policyholder Behavior
- Hedging and Asset Liability Management
- Mergers and Acquisitions
The impact of rising interest rates for life insurers
In a highly volatile market, life insurers are presented with both immense opportunity and challenges as they take on inflation and rising interest rates.
Alex Bryant, Benjamin Buttin, Aatman Dattani, Josh Dobiac, Ouling Lu, Timothy Paris, Russell Ward