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Running up on runoff : strategic options for life closed books

Recurso electrónico / Electronic resource
MARC record
Tag12Value
LDR  00000cam a22000004b 4500
001  MAP20210005022
003  MAP
005  20210216114544.0
008  200117e20210201usa|||| ||| ||spa d
040  ‎$a‎MAP‎$b‎spa‎$d‎MAP
084  ‎$a‎341
24510‎$a‎Running up on runoff ‎$b‎: strategic options for life closed books‎$c‎Marion Hämmerli...[et al.]
260  ‎$a‎New York‎$b‎McKinsey & Company‎$c‎2021
300  ‎$a‎16 p.
4900 ‎$a‎Insurance Practice
520  ‎$a‎The 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.
650 4‎$0‎MAPA20080570590‎$a‎Seguro de vida
650 4‎$0‎MAPA20080611880‎$a‎Perspectivas del seguro
650 4‎$0‎MAPA20080586294‎$a‎Mercado de seguros
650 4‎$0‎MAPA20080590567‎$a‎Empresas de seguros
650 4‎$0‎MAPA20080563974‎$a‎Rentabilidad
650 4‎$0‎MAPA20080564254‎$a‎Solvencia II
651 1‎$0‎MAPA20080637743‎$a‎Europa
7001 ‎$0‎MAPA20210002816‎$a‎Hämmerli, Marion
7102 ‎$0‎MAPA20080442569‎$a‎McKinsey & Company
830 0‎$0‎MAPA20190001564‎$a‎Insurance Practice