EUROPE - The European Commission has reinforced safeguards for insurance policyholders by boosting solvency margins for life and non-life sectors in light of "new risks".
The margin represents extra capital that insurance providers must hold as a buffer against unforeseen events including higher than expected claims levels or unfavourable investment results. Accord...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here
