Sector Regulation Sector Regulation

Insurers in Norway, France, Austria hit by planned correction to interest rate 'mistake'

By Jack Schickler
  • 17 Dec 2020 10:20
  • 17 Dec 2020 10:20
Insurers in Norway, France and Austria will be hit hard by hikes in capital requirements as financial watchdogs propose to adjust to the era of negative interest rates, in a change which could see a 30 billion-euro ($36 billion) change to the sector’s capital requirements. 

The European Insurance and Occupational Pensions Authority, or Eiopa,

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