Insurance firms are wary of changing interest rates

Changing interest rates is a big issue for US insurance companies, according to Cerulli Associates. Low interest rates since 2007-2008 “has largely been detrimental to insurers,” said Alexi Maravel of Cerulli. “While higher rates will be beneficial to insurers, we find insurers are also preparing for the how and when those rate increases come about.” InsuranceNewsNet online (11/12)