Magazine date:
Jan 2017 Moody’s has downgraded from stable to negative the outlooks of life insurance in Japan, an adjustment accounted for by the decision of the Bank of Japan to introduce negative interest rates in February 2016.
Even though Chinese insurers are accustomed to low interest rates, this measure will have a negative impact on insurers’ performance, pushing them to invest in riskier assets, reduce the return of their products or suspend the sale of some of them.
More news: