Friday, June 5, 2015

“Woekerpolis Affaire’s recovery insurers cross’ – Telegraaf.nl

THE HAGUE –

The profiteering affair hangs like a heavy Damocles over the recovery of particularly life insurers. That concludes the Central Planning Bureau (CPB) following the Financial Risk Report 2015. The uncertainty over new claims and the uncertainty about the extent of any compensation according to the CPB hang like a shadow over the industry

The PBL says that life insurers have a limited ability to repair. As with pension funds, the low interest rate for the value of liabilities of life insurers in relation to the value of bond investments. The premium income decline, but in return is to achieve a proportional cost barely, says the CPB. Also restoration through economies of scale seem tricky

The annual risk reporting of financial markets at the request of the House of Representatives since 2012 prepared by the CPB

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