Dutch insurers tackle regulator on solvency impact of France downgrade

Drop in ECB AAA curve will also affect German insurers’ guarantees reserves


Dutch insurers are in talks with regulators about their options to soften the impact on their solvency levels of France's downgrade.

France was stripped of its AAA status by rating agency Fitch on July 12, taking it out of the European Central Bank (ECB) AAA curve used by many insurers in the Netherlands to discount their liabilities.

Since the downgrade, the ECB AAA curve has dropped, increasing the discounted present value of Dutch insurers' liabilities. The par curve fell 15 basis points at

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 info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options


Want to know what’s included in our free membership? Click here

This address will be used to create your account

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…

Most read articles loading...

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