Business Insurance

Login  |  Register Subscribe



cbVid =

European insurers say Solvency II could hurt their role as long-term investors

September 2, 2014 - 6:00am


European insurers have said that Solvency II could affect their role as long-term investors, reported Bloomberg.

The rules require companies to hold "inappropriately high amounts of capital against their long-term investments," said Michaela Koller, director general of Insurance Europe.

Ms. Koller said insurers would find it more expensive to invest in long-term government and corporate bonds, and in "growth-stimulating activities, such as infrastructure projects."

Read more

 



Get our daily Global Focus newsletter
  •  


You may also want to visit

International Content