Solvency ratios of EU life insurers continued to fall in Q3
In contrast, the median capital ratio of groups and non-life firms increased
The ratio of European Union life insurers’ own funds to their solvency capital requirements (SCR) declined for the second successive quarter over the three months to end-September, while those of non-life firms and groups inched higher.
As of Q3, the median SCR ratio for life insurers was 211%, down from 222% in Q2 2020 and 235% in Q1 2020. In contrast, the median capital ratio for non-life firms climbed to 209.6% from 204%, and that for groups to 208.4% from 205.2%.
Overall, insurers’ excess
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