Solvency II to push annuity providers to gilts

The impending Solvency II insurance regulation is forcing UK insurers to move back their annuity liabilities with gilts rather than the traditional corporate bonds, according to the rating agency Fitch.

In a conference call to present the findings of their paper Solvency II: Far-reaching Implications, the firm's analysts concluded the corporate sector would see a marked drop in demand for its debt as a result.

"UK life insurers hold more than half of UK corporate bonds. If annuity providers move

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 [email protected] or view our subscription options here:

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a 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: