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Shoring up defences

Recurso electrónico / Electronic resource
MARC record
Tag12Value
LDR  00000cab a2200000 4500
001  MAP20200028673
003  MAP
005  20200922153450.0
008  200918e2020091 gbr|||p |0|||b|eng d
040  ‎$a‎MAP‎$b‎spa‎$d‎MAP
084  ‎$a‎214
100  ‎$0‎MAPA20200018599‎$a‎Carr, Niamh
24510‎$a‎Shoring up defences‎$c‎Niamh Carr, Kamran Foroughi
520  ‎$a‎The insurance sector has delivered solid returns during the past decade. Before this year's COVID-19-related market turmoil, the sector had outperformed the wider market in six of the past eight years, as well as substantially outperforming the banking sector. During the past 10 years, the insurance sector has delivered a total return of 116%, versus 72% for the market and -60% for the banking sector. While there is room for improvement, the stable and steady nature of the business model coupled with its ability to manage balance sheets and pay dividends is clearly appreciated by investors. A notable change since the 2007-08 financial crisis has been the advent of Solvency II, which has put the market in a stronger position to react in times of volatility and uncertainty. In response to COVID-19, some insurers were quick to announce more up-to-date estimated Solvency II capital ratios in order to prove resilience and demonstrate support for intended dividends, with figures published a week or so after the valuation date. In the immediate aftermath of the outbreak, we understand that a number of investors also asked analysts to produce estimated weekly Solvency II ratios. The majority of insurers have proved to have good capital resilience on this basis, showing that a key aim of Solvency II has been met.
650 4‎$0‎MAPA20080586294‎$a‎Mercado de seguros
650 4‎$0‎MAPA20200005599‎$a‎COVID-19
650 4‎$0‎MAPA20080552022‎$a‎Pandemias
650 4‎$0‎MAPA20080560447‎$a‎Rendimiento
650 4‎$0‎MAPA20080564254‎$a‎Solvencia II
650 4‎$0‎MAPA20080590567‎$a‎Empresas de seguros
700  ‎$0‎MAPA20090038783‎$a‎Foroughi, Kamran
7730 ‎$w‎MAP20200013259‎$t‎The Actuary : the magazine of the Institute & Faculty of Actuaries‎$d‎London : Redactive Publishing, 2019-‎$g‎01/09/2020 Número 8 - septiembre 2020 , p. 32-33