The Traderszone Network

Published in TZ Latest News 4 October, 2015 by The TZ Newswire Staff

Global regulators finalize new capital rule for big insurers

The world’s nine biggest insurance companies will have to hold more capital under new rules just finalised by global regulators that aim to prevent taxpayer bailouts of the industry in a crisis. Regulators decided to look at the multi-trillion dollar insurance industry following the massive public rescue of insurer AIG in the United States during the 2007-2009 financial crisis.

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