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European insurers look to invest in illiquid asset classes

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European insurers are increasingly looking to invest in more illiquid asset classes, including private loans, as low rates and new regulations bite, Moody's said today.

The trend towards greater diversification is likely to accelerate in the coming years, as insurers are keen to reduce concentration risk to sovereign and banking debts that are no longer perceived as

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FCA looking to address issues on claims definitions

Andrew Ruddle, the Financial Conduct Authority’s interim head of the department for insurance market analysis and policy, has said the regulator is looking at addressing issues about different claims definitions within insurance.

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