Regulators branded mad over capital rules
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.
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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