Centro de Documentación de Fundación MAPFRE - Running up on runoff : strategic options for life closed books

Publication: New York : McKinsey & Company, 2021Physical description: 16 p.Series: (Insurance Practice)Notes: Sumario: The traditional value proposition of life insurance in Europe has been called into question. Breakout moves have not reached industry scale, and as the need for old-age provisioning continues to grow, the challenges continue to increase. These challenges include an ultralow interest-rate environment, which has prevailed for more than a decade; industry-wide structural costs that have not been sufficiently addressed, especially administration and acquisition costs; and a new capital regime (Solvency II) that not only demands higher capital charges for high-guarantee books but also leads to higher volatility in risk capital charges over time.Materia / lugar / evento: Seguro de vida Perspectivas del seguro Mercado de seguros Empresas de seguros Rentabilidad Solvencia II Europa Otros autores: Hämmerli, Marion
McKinsey & Company
Secondary series: Insurance Practice Other categories: 341