Turkiye: Zurich Sigorta agrees to acquire life insurer

Declining interest rates in China are said to have led to narrowing spreads and increased reinvestment risk for domestic insurance firms, which ultimately places a greater onus on insurers’ asset-liability management.Global ratings agency AM Best, has stated that with yields of 10-year government bonds remaining below 3% across the past couple of years, they are no longer meeting the assumed rate-