Generali’s solvency ratio continues to slide
Rate cuts, bond movements hike SCR and bite into own funds
Italian insurance giant Generali saw its Solvency II ratio fall further in Q3 to 204%, 13 percentage points down on end-2018, as a result of interest rate falls and regulatory changes.
Its ratio was 209% at end-June and 217% at end-2018. But its current ratio is higher than the same quarter a year ago, when it stood at 200%.
Year-to-date, regulatory changes and tweaks to models have shaved eight
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