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Europe: Solvency II will spur insurers to increase lending to property

Posted on 29 November 2010

From Propertyeu.info: Solvency II will encourage European insurance companies to lend against property, delegates at the IPD/IPF Property Investment Conference were told last week.

Peter Denton, Managing Director at West Immo said: ´Lending on property will, for the first time, become interesting for insurance companies. I spoke to a European insurance company this morning and they have just had a board decision to commit EUR 2.5 bn in new lending to property next year. We will see an increasing number of insurance companies following suit in the provision of debt.´……………………………………Full Article: Source


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