Eurozone insurers’ bets on alternatives raises systemic risk

Insurance companies across the European Union boosted their holdings of alternative assets such as infrastructure and private equity funds, loans and real estate in 2018.

The European Central Bank (ECB) found on average that insurers had 9.6% of total investment assets allocated to alternatives in 2018, up from 8.9% in 2017. The central bank wrote in its latest review of the eurozone’s financial system that this growth “raises financial stability concerns”.

The insurance sectors of 13

To continue reading...

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: