Credit Rates for Universal Life Insurance Products in China Decline
As of May 22, 2025, Chinese insurers have disclosed the crediting rates for their universal life insurance products. Out of 653 products that released their April crediting rates, the highest recorded rate was 3.5%, while the lowest was 0.36%. Notably, some products are already crediting returns equal to their guaranteed minimum rates.
The disclosure by insurers across China has revealed a concerning trend. Nearly 60% of universal life products saw their credit rates dip below 3%. This development is significant for the insurance industry as it reflects the current financial and economic conditions in China.
The trend is worth monitoring as it may have implications for the insurance industry and policyholders. Insurers and investors will be watching these developments closely to assess the impact on their investments and policies.
