Insurers should prep for questions on pro-cyclicality
Insurers could be forgiven for thinking they are having a bad dream – the one where you are taking an exam, only to find when you turn over the paper that you’ve studied the wrong subject. In this...
View ArticleFund of funds data will be stage 2 of Solvency II journey
Obtaining accurate look-through data on fund of funds investments is set to be the second great Solvency II hurdle facing insurers and asset managers, leading look-through data utility Silverfinch has...
View ArticleInvestors sift for gold in bruised insurance sector
LONDON, Feb 23 (IFR) – The sell-off in European insurance hybrids has resulted in rich pickings for investors who are convinced that levels in secondary do not reflect the health of the sector....
View ArticleUK Non-Life Results show impact of different underwriting risk strategies on...
UK non-life insurance results highlight the significant impact that different investment and underwriting risk strategies have on Solvency II (SII) capital ratios, impact-glassaccording to Fitch...
View ArticleCapital Markets Union: Making it easier for insurers to invest in infrastructure
The following press release was issued by the European Commission on April 1, 2016 12:00 pm. The European Commission proposed an amendment to EU prudential rules, known as Solvency II, as part of the...
View ArticleUPDATE 1-Talanx net profit falls by less than expected in Q1
FRANKFURT, May 13 German insurer Talanx posted a smaller than expected drop in first quarter net profit, helped by low damage claims and a surprise rise in income from investments. Germany’s...
View ArticleSpecialist 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...
View ArticleSolvency 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’...
View ArticleSolvency 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...
View ArticleUPDATE 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...
View ArticleEuropean 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...
View ArticleIVASS 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:...
View ArticleEU 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...
View ArticleMoody’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...
View ArticleAviva 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...
View ArticleLower 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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