Förändrar låga räntor livbolagens solvenskvot och riskfördelning?

Sammanfattning: During a longer period of time the interests has been low, and is expected to remain low for some time. Life-insurance companies offer different types of life-insurances for households, insurances that helps the households to even its lifeconsumption. The insurancepremiums that the life-insurance companies receives is placed in different financial assets, and is therefore exposed to financial risks. A big part of the life-insurance companies investment is placed in bonds, and a lower interest means that the return on bonds decrease. Lower returns on bonds could cause the the life-insurance companies financial strength to worsen. The lower return on bonds could also increase the life-insurance companies will to allocate their investments to more risks in search for higher returns. The aim of this essay is to investigate whether the solvency of life-insurance companies is affected by the interest, and if the interest corresponds to how life-insurance companies allocate their investments regarding risk. To fulfill the aim of the essay, regressionanalysis has been performed. The result from the regressionanalysis with solvency as dependent variable and interest as independent variable shows that the solvency of life-insurance companies is not affected during the observed period of time. Results from regressionanalysis with percentage of investments placed in bonds as dependent variable and interest as independent variable shows that the percentage of bonds generally shrinks when the rent decreases, and life-insurance companies allocate therefore probably favouring assets of higher risk. However results concerning risk exposure for different life-insurance companies varies, some life-insurance companies increase exposure against risk, while some decrease.