News Middle East10 Dec 2019

Egypt:Low interest rates spell pluses and minuses for insurers

| 10 Dec 2019

Although insurance companies gain from high interest rates because they increase returns on investments, insurers also benefit from the long-term decline in interest rates, according to Dr Adel Mounir, secretary general of the Federation of Afro-Asian Insurers & Reinsurers (FAIR).

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