The company has included 262 products in product profitability calculation compared to just 94 products included earlier, which will help increase VNB Macquarie said. VNB is the present value of future earnings from policies issued and reflects the additional earnings expected to be generated through the new policies issued.
Rate cuts unlikely in near term as inflation stays sticky: Richard Harris
Global market expert Richard Harris anticipates minimal changes to U.S. monetary policy, emphasizing the Fed’s independence. He notes that Big Tech’s recent profitability stems more