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Insurance

Insurers face significant asset risk charges from downgrade

Life and general insurers face the risk of higher asset charges if a sovereign downgrade occurs, according to senior portfolio manager- fixed income at Nikko Asset Management, Darren Langer.

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Read more: LAGIC,  APRA,  Life,  General Insurers,  AAA,  Darren Langer,  Nikko Asset Management,  S&P,  Australian Capital Territory,  Australian Prudential Regulation Authority,  Currently,  General Insurance Capital Standards,  July Standard,  New South Wales,  Nikko AM,  Poor