New capital rules for the EU insurance sector that came into force at the start of this year, known as Solvency II, are prompting insurers like Allianz to carefully review whether the profit they gain from stake holdings is worth the regulatory capital required under the rules. Allianz may seek a partial or total sale of its 90 percent stake in OLB ( Allianz ). While OLB has total assets of €13bn, the raise of regulatory capital requirements for OLB insurers has reduced the profit OLB can gain from stake holdings, causing it to review its options.
Allianz may seek a partial or total sale of its 90 percent stake in OLB ( Allianz ). While OLB has total assets of €13bn, the raise of regulatory capital requirements for OLB insurers has reduced the profit OLB can gain from stake holdings, causing it to review its options.