If interest rates continue to go up by another 2% within a year, I fear that Life Insurers will collapse

[Chase]

riskier insurers offering >4%pa for new endowment plans

 

[Chase]

Great Eastern 4th quarter profits dived 99%
https://www.theedgesingapore.com/ca...-reports-4qfy2022-earnings-33-million-down-99

 

[Boonsiong]

Interest rate will not collapse housing market because of high rental return

 

[cocobobo]

My endowment policy matured in 2011 and I did not earn a cent after faithfully paying 10 years monthly regular premiums since then I never buy any insurance policy

Count your blessings they didn't deduct 'admin fees' and 'exceptional items due to pandemic'.... Their t&c clearly state they can.

 

[daryl76]

oh no, means we will see lesser posts from insurance agents with their convertible and saying "if i can, so can u" kinda statements????

 

[congo9]

Insurance biz turned for the worst once they started playing financial advisory roles.

What role do they play in your financial welfare status ?
Do they have a concept of what to plan for you ? Other asking you to buy their most profitable plan , what do they know ?

 

[Chase]

 

[laksaboy]

Oh no, the days of 'financial consultants' and their vainglorious gala dinners and all expenses paid company trips will soon be over.

 

[batman1]

My endowment policy matured in 2011 and I did not earn a cent after faithfully paying 10 years monthly regular premiums since then I never buy any insurance policy

What u mean u did not earn a cent ?