E.U. cuts capital requirements on insurers' infrastructure investments

The European Union has cut capital requirements on insurers in order to spur their investment in long-term infrastructure projects, reported Bloomberg.

The European Commission said that capital charges for insurers' unlisted equity shares in projects such as transport links and energy pipelines will fall to 30% from 49% from April 2.

The charges for investment in infrastructure debt will be cut by about 40%, the European Commission said.

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