Insurance Affordability Amid Rising Interest Rates: The Long And The Short Of It
The current climate of high inflation, rising interest rates, low unemployment, poor wage growth, supply chain disruptions (leading to rising prices, stock shortages, and higher worker salaries), surging energy and materials costs, and increased volatility in the capital and debt markets all paints a grim picture for consumers and businesses. But how does this environment of rising interest rates impact insurance premiums and is there any hope on the horizon? Laurence Basell unpacks how insurers view particular insurance classes, how they manage these investments, and what this means for consumers and businesses.
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