Life Insurance and Bancassurance After Solvency II: A Market and Management Perspective
This chapter analyses the dynamics of life insurance and bancassurance within the new Solvency 2 regime. After having assessed the general trends of life insurance market in Europe during Solvency 1, this chapter investigates the challenges and the perspectives of the new regulatory framework, with a focus on both the supply and the demand side. We assess in particular the issue of very low interest rates and their potential impact on insurance companies’ business under the new regime. Finally, given our management perspective, we will discuss the potential implications and we will provide some guidelines for European insurance companies.
KeywordsInsurance companies Bancassurance Regulation Solvency 1 Solvency 2
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