Advertisements FIRST Mutual Holdings Limited (FMHL) says repeated currency shifts and persistent inflation continue to undermine public confidence in long-term savings products, weighing on insurance uptake.Advertisements This is despite sustained growth in the group’s core life insurance operations, which continue to drive earnings. In its 2025 annual report to December 31, the diversified financial services…
FMHL flags currency risks to savings
“Repeated currency shifts and sustained inflation have eroded public confidence in long-term savings, and uncertainty around a potential return to mono-currency suppressed uptake of savings products during 2025,” FMHL said.