Life insurance companies, as non-lending providers, better handle interest rate cuts due to stable revenue models, flexible products, and diversified investments.

A report by Deven Choksey Research indicates that life insurance companies, as non-lending financial service providers, are better equipped to handle interest rate cuts than traditional banks. Their stable revenue models, flexible product offerings, and diversified investments allow them to manage liabilities effectively and achieve higher returns. Additionally, life insurers are adapting to consumer preferences and expanding distribution networks, enhancing their competitive edge during economic uncertainty.

October 07, 2024
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