Credit card, car and student loan structured finance at risk
Germany's Bundesbank president Axel Weber has warned that the reinsurance industry faces risks from structured finance products based on credit card, car and student loans, Reuters reports.
"These segments are more of a problem for the reinsurance system, which insures the default risks, in my view," Weber said.
“We see risks here that we have to keep an eye on," Weber said. Germany's coalition government plans to increase the Bundesbank's powers to oversee the financial system, which may include a role in insurance supervision.
Websites
The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.
