11 min
The Death of LIBOR & What It Means for Financed Life Insurance Uncommon Solutions
-
- Inversiones
For over 40 years, the London Inter-Bank Offered Rate (LIBOR) has served as the globally accepted key benchmark interest rate that indicates borrowing costs between banks. However now, amid a flurry of scandal and manipulation, LIBOR will soon be put to bed. In this episode, we explore its potential successors and what effect this change will have on the life insurance premium financing industry.
For over 40 years, the London Inter-Bank Offered Rate (LIBOR) has served as the globally accepted key benchmark interest rate that indicates borrowing costs between banks. However now, amid a flurry of scandal and manipulation, LIBOR will soon be put to bed. In this episode, we explore its potential successors and what effect this change will have on the life insurance premium financing industry.
11 min