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

MAP20210005022

Running up on runoff : strategic options for life closed books / Marion Hämmerli...[et al.]. — New York : McKinsey & Company, 2021

16 p. . — (Insurance Practice)

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

1. Seguro de vida . 2. Perspectivas del seguro . 3. Mercado de seguros . 4. Empresas de seguros . 5. Rentabilidad . 6. Solvencia II . 7. Europa . I. Hämmerli, Marion . II. McKinsey & Company . III. Insurance Practice . IV. Título.