Allianz leads German insurers in guarantees shake-up

map of germany

German life insurers are pioneering new temporary guarantee concepts in a bid to reduce their exposure to a prolonged low interest rate environment.

Allianz Germany is set to launch a deferred annuity product in July with different guaranteed interest rates for the accumulation phase and pay-out phase. Other German life companies are also understood to be experimenting with ‘abschnittsgarantien' – temporary guarantees – which offer policyholders a high rate of return for a period of time and the

To continue reading...