The European Central Bank’s bond-buying plan may not help the region’s economic recovery while it makes the investment decisions harder for insurers and reinsurers, SCOR SE Chief Executive Officer Denis Kessler said. “It’s too late, it has been badly tailored, …
Europe’s insurers are preparing to boost dividends to the highest of any industry except utilities, making use of expanding surplus capital to offer investors an alternative to record low interest earnings from bonds. Companies including Allianz SE, Europe’s biggest insurer, …
QE [quantative easing], European Central Bank style, passed the markets test but will have a harder time doing as well for the euro zone economy or the currency union project. Mario Draghi’s plan to buy €60 billion [$67.5 billion] a …
Talanx AG, Germany’s third-biggest insurer, plans to shift investment to countries outside the euro region as monetary policy measures erode returns on assets in the currency union. “Generally speaking, investing has become more complex and more risky as a result …
European banks have loaned in excess of $3 trillion to emerging markets, more than four times U.S. lenders and putting them at greater risk if financial market turmoil in countries such as Turkey, Brazil, India and South Africa intensifies. The …
The European Central Bank said the risk to financial stability from global market turbulence has increased in the past six months, even as measures of systemic stress have declined. The market turmoil earlier this year amid changing expectations of U.S. …
London’s financial center heaved a sigh of relief on Thursday after a landmark deal on Europe’s incipient banking union removed an immediate threat to ‘the City’s’ global position. The text thrashed out by finance ministers overnight makes the European Central …
Unfinished financial reforms are hampering recovery in key parts of the global economy and weighing on economic growth, the head of the International Monetary Fund warned on Thursday. In a speech in Toronto, IMF Managing Director Christine Lagarde urged world …
European Central Bank President Jean-Claude Trichet on Sunday raised concerns about widening global imbalances after the financial crisis, calling them one of the main challenges for the global economy. Global imbalances were blamed for contributing to and aggravating the financial …
