Samsung Life Insurance will halt sales of its patented Balance Whole Life Insurance after 10 months, citing profitability concerns amid falling interest rates, and plans to launch a revised product next month.
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https://en.infomaxai.com/news/articleView.html?idxno=78874
#YonhapInfomax #SamsungLifeInsurance #BalanceWholeLifeInsurance #InterestRates #AnnuityGuarantee #InvestmentYield #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=78874
'Secured a Patent, Yet...' Samsung Life to Halt Sales of Balance Whole Life Insurance
Samsung Life Insurance will halt sales of its patented Balance Whole Life Insurance after 10 months, citing profitability concerns amid falling interest rates, and plans to launch a revised product next month.