Insurers reappraise forex risk


The continued sovereign debt crisis of industrialised countries has been the spur for heightened volatility in exchange rates, with the eurozone’s woes putting particular pressure on the single currency. The euro has plummeted nearly 10% against sterling this year, with E1 currently buying 82p and the near-parity in December 2008 a distant memory. Although the US has its own fiscal problems, in June the euro breached the $1.20 barrier for the first time since March 2006, having traded at $1.50

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.

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