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E.U. insurance regulator to ease securitization capital requirements

December 20, 2013 - 6:00am


The European Insurance and Occupational Pensions Authority plans to trim the level of capital insurers are required to hold against top securitized debt and other such investments, Reuters reports.

The E.U. insurance regulator plans to cut the 7% capital charge to 4.3% and increase the charge on risky holdings to 12.5%. The move is aimed at helping generate funds for economic recovery after the European Commission called for steps to help insurers invest in economic growth, Reuters reported.

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