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Life Insurance Industry Under Pressure
For the insurance industry, life insurance products become less and less profitable.
Life Insurance Industry Under Pressure / Picture: © Vindobona.org
Above all, the average yield is too low for customers. At the moment, the average yield only ranges between 2.0% and 2.5%. Taking transaction costs and inflation into account, most insured do not earn anything.
In Germany, the insurance industry faces losses in the long term. According to Moody´s analysts Benjamin Serra and Simon Harris, the traditionally high guaranteed…
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