Insurers under the gun for insolvency tests

22nd December 2010, Comments 0 comments

Zurich, Switzerland GenevaLunch - Bloomberg reports that two of Switzerland’s 133 insurance companies “need to take urgent measures” to comply with insolvency test rules, part of their obligations under new rules set by Finma, the financial regulatory body. Seven other companies, none of which have been named, are reportedly on a watch list, although they ...

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