trending Market Intelligence /marketintelligence/en/news-insights/trending/bKZomReiizgibV2lpuPzLA2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

France to implement measures to help insurers in low-interest environment

Street Talk - Ep. 64: Coronavirus jumpstarts digital adoption

Street Talk Podcast

Street Talk - Ep. 63: Deal talks continue amid bank M&A freeze, setting up for strong Q4

Street Talk Podcast

Street Talk - Ep. 62: 'Brutal' outlook for oil demand offers banks in oil patch no relief

Amid Q1 APAC Fintech Funding Slump, Payment Companies Drove Investments


France to implement measures to help insurers in low-interest environment

France is planning to implement measures that would ease the pressure on insurers' prudential ratios in the low interest rate scenario, Les Echos reported.

The financial daily said the government will sign off a decree in the coming days allowing life insurers to take back part or all of the provision for profit sharing, which belongs to insured parties. The provision is designed to smooth out life insurance returns, and the decision comes at a time when negative rates are eroding life insurers' solvency, according to the Dec. 18 report.

The decree will give France's banking and insurance supervisor, the Autorité de Contrôle Prudentiel et de Résolution, the power to authorize an insurer "in exceptional circumstances" to draw on its reserve for insured parties, according to Les Echos.

Some French life insurers had had to take recapitalization measures, the paper said.

For example, Crédit Mutuel Arkéa SACC has recapitalized life insurance subsidiary Suravenir to the tune of €540 million, and Groupe BPCE's BRED unit has injected €40 million in its Prepar-Vie life insurance business, Les Echos said.