A higher rate reduces the present value of liabilities, while a lower rate increases the liability valuation, impacting capital requirements.
This is the weighted-average discount rate used to calculate the present value of future long-duration insurance benefit...
Standard actuarial metric; peers disclose this to show sensitivity of liabilities to interest rate environments.
other_additional_liability_long_duration_insurance_curre_1ddaf5| Segment | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Variable Universal Life Insurance | 7.1% | 7.1% | 7.1% | 7.1% | 7.1% | 7.1% | 7.1% | 7.1% |
| Other Life Insurance | 4% | 4% | 4% | 4% | 4.1% | 3.9% | 3.9% | 3.9% |
| Universal Life Insurance | 3.2% | 3.2% | 3.2% | 3.2% | 3.2% | 3.1% | 3.1% | 3.1% |
| Total | — | — | — | — | — | — | — | — |