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International

European Union to review capital rules for insurers

January 30, 2020 Reprints

Valdis Dombrovskis, vice president of the European Commission, has said that insurers in Europe may need to put aside money to protect their policyholders should they become insolvent, Reuters reported. "There is no European Union-wide resolution regime for the insurance sector in the event of distress, and no minimum EU rules on insurance guarantee plans," Mr. Dombrovskis said.

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European Union to review capital rules for insurers

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