Life back-book consolidators shrug off threat from rising rates

Published in: Risk, Risk management, Investment, Investment risk - strategy, Rest of Europe

Companies: Phoenix, ReAssure, Darag, AXA Germany, S&P Global Ratings, MetrĂ³polis, Jefferies, Allianz, Generali, AXA, AXA IM, Apollo Global Management, NN Belgium, Amissima Vita

Rising interest rates are unlikely to stop life insurers from selling their legacy liabilities to consolidators, as many other incentives for doing deals remain. David Walker reports

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