UK annuity providers review credit risk strategies

Balancing act


During the past few years, insurers have become increasingly frustrated by the slow progress in the development of Solvency II and the lack of certainty about how it may affect their investment strategy.

But with the regime unlikely to be implemented before 2016, their immediate concerns about its potential constraints on their asset allocation have, for the time being, been lifted. With the low yield environment continuing to bite, UK insurers are now examining their high-level investment strat