EU insurers lament barriers to infrastructure investment

European Commission’s efforts to attract insurers’ money could have opposite effect

Some fear EC plan to pump billions of euros into infrastructure projects could deter insurers by eroding returns further

Insurers in the European Union are unlikely to increase allocation to infrastructure as long as regulatory capital charges for the asset class remain high and excessive competition weighs on yields, chief investment officers from Axa and AG Insurance said on May 27.

The European Commission's plan to pump billions of euros into infrastructure projects to make them attractive to private investors may have the perverse effect of deterring insurers by eroding returns further, Laurent Clamagirand of