Bundesbank Warns Insurers of Triple Hit
The Bundesbank warned that German insurers face a triple hit if stock markets fall due to large fund exposures. The central bank also highlighted risks from lax mortgages and low dollar buffers.
Germany's insurance sector faces a triple blow from potential equity downturns due to heavy exposure to investment funds, the Bundesbank warned on Thursday afternoon. The central bank highlighted vulnerabilities in the financial system amid ongoing market volatility. The assessment arrives as regulators monitor international stability risks tied to lofty valuations in United States technology assets.
