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Gaston Gelos and Frank Parker explain how the life insurance industry has undergone a profound structural transformation since the Great Financial Crisis, amid a prolonged period of exceptionally low interest rates and evolving regulatory frameworks.

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Hyun Song Shin summarises the September 2025 BIS Quarterly Review and, along with Gaston Gelos and Frank Smets, answers journalists' questions about market developments, the state of the global economy and fiscal policy.
Agustín Carstens, Andréa M Maechler and Hyun Song Shin brief the media on the main messages of the Annual Economic Report. Read more: https://www.bis.org/publ/arpdf/ar2025e.htm
Agustín Carstens and Hyun Song Shin say trade disruptions and policy uncertainty cloud the global economic outlook, making sound public finances and price stability critical for sustainable growth.
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