Insiders in CN Insurance Sector Expect Predetermined Rate Cuts for 3Q25; Insurers Pushing Sales While Preparing New Products
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2025/05/22 00:54 GMT
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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.

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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.

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Insiders in CN Insurance Sector Expect Predetermined Rate Cuts for 3Q25; Insurers Pushing Sales While Preparing New Products
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 D...
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