Sunday, November 8, 2009

FT.com / By sector - Insurers hope for capital holding reprieve

FT.com / By sector - Insurers hope for capital holding reprieve: "Another big concern among trade bodies is over the way Ceiops’ summer papers said insurance liabilities should be accounted for on a run-off basis rather than as a going concern, which would demand far more capital be held against them.
There is also a worry that insurers, like banks, will see their ability to use junior, hybrid debt instruments as capital instead of shares severely curtailed."


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Is the writing on their walls?

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