Baloise boss Martin Strobel remembers 1990 Japan
Martin Strobel, CEO of Switzerland's fifth-biggest insurer Baloise has warned that continued low interest rates could cause some insurers to collapse, as happened in Japan in the 1990s, the FT reports.
Companies offering guaranteed returns on life insurance policies could be hti.
Strobel said "classic" insurers that took little risk on financial markets had fared better in the financial crisis. "We need to uncouple further financial risk from insurance risk," Strobel said.
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The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.
