Just Group solvency ratio falls amid coronavirus crisis
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(Reuters) - Specialist pension provider Just Group on Thursday posted a drop in solvency ratio as interest rates fell across regions with countries taking measures to stimulate their economies due to the COVID-19 pandemic.In a trading statement ahead of its annual general meeting, the company flagged a three point drop in its Solvency II coverage ratio to 138% at the end of April 2020. European Solvency II rules dictate the amount of capital an insurer must hold to reduce the risk of..