Rethinking and revaluing

wolfgang-deichl-alllianz-0809

The variable annuity market has been hit hard by the financial crisis. With equity markets tumbling and volatility hitting unprecedented highs, a succession of insurance companies have reported colossal losses on their hedging of variable annuity guarantees. Most attention has so far been on US providers - by far the most active in this space (Risk November 2008, pages 47-49). But European insurers have not escaped, with several posting outsized losses of their own.

The problems stem from the

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

The future of life insurance

As the world constantly evolves and changes, so too does the life insurance industry, which is preparing for a multitude of challenges, particularly in three areas: interest rates, regulatory mandates and technology (software, underwriting tools and…

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here