Safety first?

Traditional German life funds are dominated by fixed income, with a focus on credit and covered bonds. But will Solvency II models encourage more diverse portfolios? Anke Dembowski reports


In terms of asset allocation, German life funds are traditionally very safety oriented. One reason for this conservative approach is the strict legal investment restrictions (see table 1, page 20). But traditionally, German life insurance companies do not even make full use of the possibilities they are given within the legislative framework. Table 2 shows the asset allocation of German life insurance companies as per June 30, 2008, as well as over the past three years, revealing that asset

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

Most read articles loading...

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