Sharing the burden

Firms must take care when pushing consumers towards capital-light products

Rob Mannix at Insurance Risk

“When are low interest rates going to start biting?” asks the chairman of the European Insurance and Occupational Pensions Authority  (Eiopa), Gabriel Bernardino, in an exclusive interview with Insurance Risk this month. For many, the answer will be that the biting is advanced already.

Insurers have been dealing with the issue of low interest rates for long enough to hope for change by now, but in mainland Europe there is little expectation of that happening soon. This makes the inclusion of a ‘