Insurers
Munich Re's P&C capital charge swells €2bn in 2018
Property and casualty capital requirement pushes overall SCR to €14.7 billion
Generali accelerates pivot to ‘capital light’ products
Tilt to unit-linked products helps relieve capital burden
Accounting switch saps Ping An's investment yield
IFRS 9 lops 37 billion yuan from investment return
Derivatives assets soar at eurozone insurers
Surge in values near year-end hint at hedging gains
Model updates buttress Allianz's solvency ratio
Solvency II requirement less sensitive to rates, credit volatility than 2017
Hedging gains boost MetLife earnings
US insurer posts $939 million in net derivatives gains in the fourth quarter
Prudential Financial adds $1bn to liquidity pool
Insurer increases highly liquid assets by 25% in 2018
Travelers' capital hits three-year high
Lower level of statutory deductions boost year-end surplus
Solvency II special measures boost EU insurers’ capital ratios
Median insurer's SCR ratio would be 24 percentage points lower without LTG and transitional benefits
US life insurers switch to FHLB loans from Fabs
Borrowings from government-backed banks triple in 10 years
Prudential Financial growth at odds with Sifi repeal
US insurer has increased derivatives and repo books; grown total assets
Munich Re adjusts sovereign portfolio
Reinsurer clips US, UK, Italy holdings
Axa's solvency ratio soars on US IPO, debt issue
Solvency II SCR ratio up to 233%
Prudential grows long-term care reserves, draining profits
Annual actuarial updates take net $160 million away from adjusted operating income
Generali weathers Italian bond turbulence
Solvency II SCR ratio dips to a still lofty 201% in the first half
Generali boosts capital with sale of German unit
Offloading Generali Leben will bolster group's SCR by 2.6%; Generali Deutschland's by 43%
EU insurers embrace infrastructure bonds
Solvency II-compliant infrastructure investments concentrated in handful of firms
EU insurers most exposed to French sovereign risk
French government bonds make up 23% of sovereign exposures
EU insurance solvency ratios strengthen in 2017 – Eiopa
Average solvency ratio climbs to 237%
EU insurers shun ABS, real estate
Securitisations make up just 0.5% of portfolios; property 2.7%
Solvency II capital charges concentrated in two key risks
Market risk SCR averages 37% across six large insurers
Allianz reduces interest rate risk following model change
Solvency II ratio sensitivity to -50bps interest rate shock falls from -11% to -7%
Zurich builds up capital buffers
Insurer edges toward over-capitalisation on its own measures
Equity hedges protect Munich Re from vol spike
Net derivative liabilities fall 95% year-on-year