EU insurers’ solvency ratios weather UFR change

A cut to the regulator-set ultimate forward rate (UFR) used to discount insurers’ long-term liabilities contributed to the erosion of large life firms’ Solvency II ratios over the first three months of the year, albeit only slightly.

The European Insurance and Occupational Pensions Authority (Eiopa) lowered the UFR to 3.9% from 4.05% at the start of this year. This had the effect of inflating the present value of insurers’ future policyholder obligations, increasing their solvency capital

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 info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net 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 Risk.net? View our subscription options

You need to sign in to use this feature. If you don’t have a Risk.net 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