New EU state aid guidance may force insurers to adjust capital structure


New guidance issued by the European Commission (EC) on state bail-outs could force ‘too big to fail' insurers to change their capital structure, according to some legal experts.

The commission's updated guidance on the application of state aid rules, published on July 10, lays down the conditions under which European member states are allowed to use taxpayers' money to bail out struggling insurers and banks.

The guidelines outline the minimum requirements for burden-sharing between creditors and

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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…

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