Yasir Andrabi | Source | SVP & Global Head of Life, Annuities and Retirement Segment at Genpact
Yasir Andrabi
SVP & Global Head of Life, Annuities and Retirement Segment at Genpact
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29 years of proven track record of success in strategy, growth and service delivery in the insurance services industry. He has been an advisor to large corporations in shaping up their transformation strategy. Over the last seven+ years at Genpact, he has undertaken various strategic initiatives from conceptualization to execution, including the segmentation strategy fueling growth, creating digital assets and accelerators; building point solutions with an enhanced partner ecosystem.
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Genpact (https://www.genpact.com/)
SVP & Global Head of Life, Annuities and Retirement Segment
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Fed Rate Cut: Impact on Insurance and Economic Landscape
Yasir notes, "Lower interest rates lead to profitability pressure due to lower yields from fixed income assets." Insurers may raise premiums and adopt digital technologies like AI to optimize operations. Companies with modular products and diversified portfolios may outperform those relying on traditional securities.