Browsing: Consumerism
Across the industry, “price undercutting is common,” and this has weakened profitability for many life insurers.
After three years of going down, BIHL’s value of new business is finally on the way up again. This, according to the company’s management, “goes well for future profitability,” since new business today means profits that can be unlocked for shareholders in years to come.
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