Rising rates boost US life/annuity insurers’ returns in 2023: AM Best

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Reinsurance News - May 22, 2024

A new AM Best report indicates that rising interest rates in 2023 increased the portfolio yields of US life/annuity insurers by nearly 30 basis points, from 4.47% to 4.74%. The Best’s Special Report, “US Life/Annuity Investment Portfolio Yields Rebound in 2023,” attributes the improvement in total p...

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