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Insiders in CN Insurance Sector Expect Predetermined Rate Cuts for 3Q25; Insurers Pushing Sales While Preparing New Products
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The People's Bank of China lowered both the LPR and bank deposit rates this Tuesday (20th), which also has had a profound impact on the Chinese insurance industry, Securities Daily reported. Several insiders in the insurance industry expected insurance products' predetermined rates to be trimmed in 3Q25, according to the report. At the same time, insurers are vigorously pushing product sales and preparing new products in order to explore ways to operate steadily in a low-interest rate environment. AAStocks Financial News |
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