Learning from experience
Life & Pensions
What are the lessons of the past decade? We have seen significant changes in interest rates and also the equity bubble - have things changed in the sense of actually doing business as a life insurance company in Germany?
Johannes Loerper
We've had a steep learning curve. In the 1990s we started investing more in equities, partly due to the pressure of public opinion and partly as a result of falling interest margins. Although large corporations did start to establish risk management
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