Appeal of life settlements grows for investors
$200bn of life insurance policies set to lapse or be surrendered annually over next five years
ANNOUNCEMENT: Expert Investor is now PA Europe. Read more.
$200bn of life insurance policies set to lapse or be surrendered annually over next five years
74% expect portfolio illiquidity to increase in the next year-and-a-half.
Just weeks after his predecessor resigned
Including its 75% shareholding in wealth manager L’Union Financière de France
Deal will see Italy premiums boosted by about €300m to hit roughly €2bn
Chinese insurance giant highlights tech’s potential to improve efficiency and reduce costs and risks in financial sector
German insurers likely to follow footsteps of Asian counterparts within their limits, says Fitch Ratings
Sector is moving from its business of downside protection to providing impact
But underwriting models ‘not time-tested and may not be robust enough to weather any catastrophic events’
Six organisations band together in letter to the European Commission director general
Comments welcomed on changes to the presentation and content of the Key Information Documents
Investors were bracing for the worst when the Swiss Re Cat Bond Index plummeted 15% in the wake of hurricane Irma. But the unprecedented damage caused could actually be a blessing in disguise for the asset class.