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Specialist players ready to pounce as insurance sell-off gathers pace
By Carolyn Cohn LONDON, June 16 Hit by tougher regulation and lower investment income, European insurers are looking to sell portfolios of general insurance business closed to new customers, such as...
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Solvency II rigors open P/C doors to specialty insurers
LONDON, (Reuters) — Hit by tougher regulation and lower investment income, European insurers are looking to sell portfolios of general insurance business closed to new customers, such as employers’...
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Solvency II changes may threaten investment returns for policyholders
Rushed changes to the ultimate forward rate (UFR) could risk pushing insurers towards sub-optimal investment strategies, which could unnecessarily impact policyholders’ returns negatively, according to...
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UPDATE 2-Axa’s half-year profit boosted by property sales
ARIS, Aug 3 Axa, Europe’s second-biggest insurer, reported a weaker than expected 4 percent rise in its first-half net profit, hit by lower investment returns, higher claims and despite a boost from...
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European insurers put investment mix under a microscope
Most European insurers are examining changes to their investment mix to adapt to the adverse investment climate, which includes record-low interest rates that challenge the earnings and capital...
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IVASS approves look-through approach to determine solvency capital requirements
IVASS, the Italian insurance regulator, recently approved IVASS Regulation 28 of July 26 2016 on the look-through approach to determine the solvency capital requirements of insurers in the context of:...
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EU strategic fund urged to ‘step up’ talks with institutional investors
The strategic investment fund at the heart of the EU’s Investment Plan for Europe must “step up” its engagement with institutional investors to facilitate more sustainable infrastructure investment, a...
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Moody’s upgrades SCOR’s insurance financial strength rating to Aa3; stable...
London, 23 September 2016 — Moody’s Investors Service has today upgraded SCOR SE’s insurance financial strength rating to Aa3 from A1 and its subordinated debt rating to A2(hyb) from A3(hyb). The...
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Aviva plans further £10bn infrastructure injection
Aviva plans to more than treble its investments in infrastructure — to £14bn — over the next five years as it seeks to boost returns amid rock-bottom interest rates. In an interview with the Financial...
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Lower interest rates accelerate insurance profit decline in Europe, constrain...
European insurers’ investment income is expected to decline by €10bn-£25bn every year in the next five years, if interest rates and investment allocation remain unchanged, says Moody’s. “Based on our...
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