Analysis of 30 Austrian solo insurers, based on their 2024 SFCR disclosures shows a reduction in the overall market solvency ratio from 306% in 2023 to 293% in 2024.
Distribution of the ratio by line of business shows that drops in the solvency ratios of Austrian life and composite insurance markets drove down the market ratio.
Austrian tier 2 capital down in 2024
The Eligible Own Funds (EOF) of the market remain stable across the years, albeit with a reduction in tier 2 capital in 2024.
The sample covers EUR 126 billion in total assets (in 2023 the total market value based on EIOPA official statistics was EUR 132 billion). At the time of writing a number of solo 2024 SFCRs were still outstanding. While the market coverage is incomplete, the year-on-year sample provides an indication of emerging market trends.
Weekly Lunchtime Webinar Series: 2024 SFCRs weekly reporting update
Wednesdays throughout May 2025, 12.00 UK / 13.00 CET
A weekly update on the state of the Solvency II and Solvency UK 2024 SFCR reports, including early market analysis from Solvency II Wire Data.
