March 4, 2020 / 11:45 AM / 25 days ago

BRIEF-Fitch Says European Life Insurers Continue Shift To Capital-Light Products

March 4 (Reuters) - Fitch:

* FITCH SAYS EUROPEAN LIFE INSURERS CONTINUE SHIFT TO CAPITAL-LIGHT PRODUCTS

* FITCH SAYS EXTREMELY LOW RATES ACROSS EUROZONE ARE DRIVING EUROPEAN LIFE INSURERS TOWARDS HYBRID PRODUCTS

* FITCH SAYS EUROPEAN INSURERS HAVE EITHER STOPPED OFFERING GUARANTEES ON NEW CONTRACTS OR REDUCED LEVEL OF GUARANTEES

* FITCH SAYS EUROPEAN LIFE INSURERS SHIFT TO CAPITAL-LIGHT PRODUCTS IS THE RESULT OF PROTRACTED LOW INTEREST RATE ENVIRONMENT Source text for Eikon:

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