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ABI comments on Bank of England paper on investment trends by life companies

The Bank of England has today published a Discussion Paper examining the investment trends of life insurance companies and pension funds.

Hugh SavillCommenting on the paper, Hugh Savill, the ABI’s Director of Regulation, said:

"The ABI welcomes the discussion paper on procyclicality published today by the Bank of England. This is an important piece of work which recognises the significant role that insurance companies play as long-term investors in the economy, and highlights the impact of regulation on insurers’ behaviour as investors.

"We hope that there will be more research and debate in this area and look forward to working closely with the Bank of England and others.”

Last updated 01/07/2016