Closed life specialists look forward to European boom

Buyers must avoid being hooked by unforeseen capital charges

big-fish-eating-little-fish2
Snap-happy: large firms are buying up closed books of business

It's a tough time to be a minnow in insurance. The challenging economic climate makes this the age of the big fish – those able to withstand the dual pressures of a squeeze on investment returns and an increasing regulatory capital burden. It's also better to be big and nimble rather than big and clunky. With capital and liquidity at a premium there is no room for dead weight in the business, and companies unable to streamline effectively are liable to starve themselves of resources before long.

To continue reading...

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 indvidual account here: