Sliding rates crimp Allianz’s Solvency II ratio

Allianz ended 2019 with its core solvency ratio 17 percentage points down on a year prior, as low interest rates pumped up its Solvency Capital Requirement.

The German insurer’s SCR – the denominator used to calculate its Solvency II capital ratio – surged €6 billion (+18%) over the year to €39.5 billion. Sinking interest rates contributed €4.4 billion to the increase. Business growth added a further €1.2 billion.

Allianz’s own funds, the Solvency II ratio’s numerator, climbed €7.2 billion (+9

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