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EU Insurers' Solvency Deteriorating, Watchdog Says

European insurers' solvency is deteriorating because of persistently low interest rates and market turmoil triggered by the euro zone debt crisis, the region's insurance regulator said on Monday.

By Reuters | Updated on June 11, 2012

LONDON (Reuters) – European insurers’ solvency is deteriorating because of persistently low interest rates and market turmoil triggered by the euro zone debt crisis, the region’s insurance regulator said on Monday.

Europe’s top 20 insurers are in good overall financial health with average capital reserves at 200 percent of the required minimum, but their solvency ratios have “started slightly to decrease,” EIOPA said in its twice-yearly financial stability report.

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