Allianz’s counterparty risk charge up €102 million in 2018
German insurer Allianz’s counterparty default risk capital charge surged 9% in 2018 to €1.2 billion ($1.3 billion).
But market risk stayed the largest component of its overall solvency capital requirement, hitting €21.9 billion in 2018, up 2.6% on the year. This makes up 48.4% of its total SCR, up from 46.5% the year prior. Counterparty default risk, in contrast, made up just 2.6% of the total in 2018.
The underwriting risk charge also edged up 2% over the year to €15.9 billion. This component
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 print this content. Please contact info@risk.net to find out more.
You are currently unable to copy this content. Please contact info@risk.net to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@risk.net
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@risk.net
More on Risk Quantum
Regulation
A crypto CCP is still a CCP
For crypto infrastructure rules, regulators need speed before perfection, says former BoE adviser
Receive this by email