EU insurers lament barriers to infrastructure investment
Axa and AG Insurance say further infrastructure investment by insurers is unlikely in the foreseeable future
Insurers in the European Union are unlikely to increase allocation to infrastructure as long as regulatory capital charges for the asset class remain high and excessive competition weighs on yields, chief investment officers from Axa and AG Insurance said on May 27.
The European Commission's plan to pump billions of euros into infrastructure projects to make them attractive to private investors may have the perverse effect of deterring insurers by eroding returns further, Laurent Clamagirand of
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