Allianz Maintains Stable Returns on Life Insurance Policies

Despite declining interest rates, Allianz commits to steady returns for both new and existing life insurance customers.

Allianz has announced it will keep the total returns on its life insurance policies stable at 3.5% for traditional contracts and 3.8% for newer ones with reduced guarantees.
The decision comes as the European Central Bank has lowered interest rates three times recently, with another potential cut expected on December 12.
The company’s ongoing returns for policyholders will remain at 2.7% for traditional policies and 2.8% for newer contracts, excluding end-of-term bonuses.
Life insurance remains a popular investment and retirement planning option in Germany, with over 81 million active contracts as of 2023.
Allianz, Germany’s largest insurer and market leader in life insurance, reports continued strong customer interest in both single-payment and recurring-payment policies.