Assurant AIZ Universal Life — Crediting interest rates on universal life funds
Discontinued — last reported Q4 '22
Similar metrics at other companies
Other financials
Where this comes from
Reported directly by Assurant in its filing.
Tagged under the XBRL concept aiz:CreditedInterestRatesWhichVaryByProductAndTimeWhenFundsReceivedOnUniversalLifeFunds.
The official record: Assurant’s 10-K, filed February 17, 2023, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Assurant's universal life — crediting interest rates on universal life funds?
- Assurant (AIZ) reported universal life — crediting interest rates on universal life funds of 1% in Q4 2022.
- How has Assurant's universal life — crediting interest rates on universal life funds changed year-over-year?
- Assurant's universal life — crediting interest rates on universal life funds decreased by 0.0% year-over-year, from 1% to 1%.
- What does universal life — crediting interest rates on universal life funds mean?
- The interest rate paid by the insurer on the cash value held within universal life insurance policies.
- How do you interpret universal life — crediting interest rates on universal life funds?
- An increase in crediting rates may improve product competitiveness and customer retention but can compress net interest margins if investment yields do not rise proportionally. A decrease may improve profitability but risks policy lapses or reduced new business sales.
- How does universal life — crediting interest rates on universal life funds compare across companies?
- Peers in the life insurance sector typically disclose these rates to demonstrate product competitiveness and interest rate risk management relative to the broader yield environment.