Crisis drives insurer shift to flexible investment strategy
The shift from public to private investments among insurers is continuing and the coronavirus crisis has not changed that so far. The crisis has, however, emphasised the added value of managing risk budgets rather than maintaining strict limits on allocations to different asset classes.
Brexit boosts Luxembourg insurance market
A 44.5% increase in premium income in Luxembourg’s insurance sector last year was driven mainly by Brexit relocations in the non-life sector. However the traditional mainstay for the industry, life insurance, also enjoyed a strong year with income up 18.6%.