Rekindled affection: transitional measures spur equity rethink

Some firms increasing holdings to benefit from grandfathering


Talking investors through his company’s results in February, Antoine Lissowski, chief financial officer at CNP Assurances in Paris, said the firm increased its holdings of equity by €2 billion ($2.1 billion) in 2014, and plans to buy another €3 billion this year.

That seems reasonable, with European equity markets reaching all-time highs, boosted by the launch of quantitative easing. And yet, for the region’s insurers, it feels somewhat counterintuitive because many in the industry assumed

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 or view our subscription options here:

You are currently unable to copy this content. Please contact 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 View our subscription options

If you already have an account, please sign in here.

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…

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