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Insurance News Weekly with Clara Hughes from Fitch Ratings

par News Assurances

Axa's private equity unit acquired a package of private equity interests from Barclays Bank. This is the second time AXA Private Equity acquires fund stakes this month; in the beginning of June a fund stake worth USD 1.7bn was acquired from New York based Citigroup. Barclays mentioned that the purchase price exceeded the book value allowing them to make a small profit. This deal is a result of stricter regulations in the banking sector. Fitch Ratings held a conference this week on the future of the bond market in the light of Solvency II. We have met with Clara Hughes, Director in the Insurance team at Fitch, who presented the impact of solvency II on the insurance sector and on the ratings. We have asked her what kind of feedback does she receive from the insurance companies concerning Solvency II. Find all News Insurances videos here : http://live.news-assurances.com/ And here : http://www.newsinsurances.co.uk/toutes-les-videos

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