As interest rates steadily rise, life insurers have become acutely aware of the potential capital losses that may ensue from escalating policyholder lapse, Gallagher Re, a leading global reinsurance broker, unveiled in its first installment of research papers titled “Gray Rhino.”
These papers aim to shed light on looming challenges within the insurance industry before they escalate into major crises. The inaugural publication tackles the critical issue of mass-lapse risk in European life insurance, an increasingly pressing concern for insurers in the region.
