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EU Capital Reform: Green Light for Insurers to Take over Banks?
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A planned change of rules in Brussels could drastically reduce the hurdles for European insurers in bank takeovers. According to the rating agency Fitch, a reduction of the capital requirements by almost 80 percent is in the area – on time for an expected consolidation wave in the Bancassurance market. The contribution EU capital reform: Green light for bank takeovers by insurers? appeared first on insurance industry today.
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