Storebrand announced that it implemented several measures in 4Q 15 aimed at strengthening its Solvency II margin but with a neutral effect on the Group’s profit after tax. The estimated Solvency II margin as of year-end 2015 is about 160% with transition rules (120% without). The Norwich insurer has also changed the interest rate curve used to discount the liabilities in its Swedish neutral effect on net earnings subsidiary SPP to one similar to the interest rate curve used in the pan-E

29 Jan 2016
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A zero-sum game ?
Storebrand announced that it implemented several measures in 4Q 15 aimed at strengthening its Solvency II margin but with a neutral effect on the Group’s profit after tax. The estimated Solvency II margin as of year-end 2015 is about 160% with transition rules (120% without). The Norwich insurer has also changed the interest rate curve used to discount the liabilities in its Swedish neutral effect on net earnings subsidiary SPP to one similar to the interest rate curve used in the pan-E