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CN Said to Cut Pre-determined Interest Rates for Life Insurance Products in Next Q
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The relevant document on the pricing mechanism of the pre-determined interest rates for life insurance products in China may be issued recently, and the industry expected that the pre-determined interest rates for life insurance products will be reduced in the next quarter, according to 21st Century Business Herald. It is expected that the upper limit of the pre-determined interest rates for newly filed general/ participating/ universal insurance products will be lowered from 2.5%/ 2%/ 1.5% to 2%/ 1.5%/ 1%, the report quoted an industry insider as saying. AAStocks Financial News |
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