Insurance sector has ‘very limited’ exposure to bank AT1s: Berenberg
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Insurance sector has ‘very limited’ exposure to bank AT1s: Berenberg

Finance in the City of London and Canary Wharf

The insurance sector has “very limited” exposure to bank’s Tier-1 subordinated debt instruments, or AT1s, according to Berenberg.

Major banks’ debts have come under increased scrutiny in recent weeks following the collapse of Silicon Valley Bank and UBS’s rescue takeover of Credit Suisse.

Analysts

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