Perpetual sub debt from insurers appeals to investors

Perpetual dawn

Thumbs up

Last year proved to be a good year for the insurance sector in relation to its ability to raise capital from investors, with the Asian market a particular draw for insurers looking to raise debt capital. In January 2012, Zurich completed a $500 million perpetual subordinated debt transaction, in which Asian investors accounted for 77% of the transaction's investors. UK-based investors accounted for 13% of investors in the notes, while Swiss investors made up 7%, and US offshore and others

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

The economic view

Insurers are using the delays to Solvency II to improve their economic capital models

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here