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Regulators branded mad over capital rules

Leigh Powell
Capital adequacy rules have created an insane risk model for European insurers, but they offer Asian firms the chance to buy cheap assets, an AsianInvestor forum hears.
Regulators branded mad over capital rules

Europe's new capital-adequacy rules for insurers show regulators are mad, although they give Asian firms the chance to buy cheap assets, said the chief executive of fixed income at UK-based M&G Investments at a forum yesterday.

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