by Tobias Ultsch (Union Investment)
& Daniel Niedermayer (SolvencyAnalytics)
With trillions in assets under management, the insurance sector remains an important institutional investor. Yet, securitisations currently account for less than 1% of insurers’ investment portfolios. Recognizing this untapped potential, the European Commission has revised the Solvency II framework—specifically through Delegated Regulation (EU) 2026/269—to significantly reduce capital requirements and increase the attractiveness of this asset class.