Insurers target value-in-force monetisation transactions to boost regulatory capital


The number of value-in-force (VIF) monetisations by life insurers could surge in the coming years as companies look to shore up their capital position in the face of economic and regulatory challenges.

Insurers have been undertaking feasibility studies on VIF transactions, say consultants, which is seen as a precursor to heightened activity. Three Spanish bancassurers have conducted VIF transactions during the past year to monetise the embedded value of defined blocks of life business to cover d