Customers' Shifting Attitudes in a Sustained Low-Interest Rate Environment. What's Insurance to do With It?

This Society of Actuaries (SOA) hosted the Asian Insurance Product Outlook Virtual Seminar on 6 October 2021. The theme for the seminar was Trends Under Low Interest Environment. This seminar explored different challenges faced by the industry under a low interest rate environment.  During this one-day event, industry experts and senior management in Asia shared their experience and insights on product ideas, features, and other financial considerations that can help insurers succeed in this environment.

Customers' Shifting Attitudes in a Sustained Low-Interest Rate Environment. What's Insurance to do With It?

Government responses to the economic impacts caused by the global pandemic has led to a continual shift in the balance of wealth. The impacts of sustained ultra-low interest rates and record asset prices create differing protection needs in the wider spectrum of society.

In this session, Louis Lee from Deloitte Actuarial and Insurance Solutions, explored the current insurance products in the market that is being sought by customers over the past 18 months, and the potential product considerations that can help plug the gap.

https://www.soa.org/prof-dev/webcasts/2021-asia-insurance-prod-outlook/#overview-selected