Launch VideoSwiss Solvency Turnaround Boosts Insurers
The five largest Swiss insurers may benefit from a $700 million capital boost after Swiss regulator Finma announced a more lenient solvency calculation for insurers on Sept. 3.
The change will allow insurers to use the swap rate and not government bond yields as the reference for discount rates. Investor demand for Swiss assets drove government bond yields lower, causing a decline in Swiss insurer solvency.
