German life insurance reforms to deplete firms' capital

New rules on the share of firms' underwriting surpluses that goes to policyholders will have a negative effect on the ability of insurers to accumulate capital

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New German rules on the distribution of firms' underwriting surpluses will adversely affect the ability of insurers to accumulate capital, according to experts.

Members of the Bundestag, the German lower house of parliament, are deliberating a package of reforms to life insurance regulation that would, among other things, increase the amount of capital insurers must allocate to policyholders.

The proposals would ratchet up the amount of so-called underwriting risk result capital released to

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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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