In "Waiting for Godot," the absurdist play by Samuel Beckett, two men are left in limbo for what feels like eternity as the title character fails to materialize.
That classic, frustrating scenario is being played out in the world of insurance, as carriers continue to scan the macroeconomic horizon in vain for some sign that significant interest rate hikes may finally be on the way to bolster their sagging investment prospects and bottom lines.
Hopes were high back in December that interest rates were on their way up at last, after the Fed raised its benchmark by a quarter of a point from near zero, changing direction for the first time since our economy hit the skids back in 2008. At the time, four additional hikes were anticipated for 2016, with more to follow.
Recommended For You
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
