European insurance industry feels the pressure of new capital rules

Europe insurance industry Flooding and Heavy Rains

Insurers are facing stricter capital rules that may prove difficult to comply with The European insurance industry may be in for a shock from revised capital rules that will take effect in January 2016. ASR Nederland N.V., a Dutch insurance provider, announced last week that its available capital fell drastically below the standard imposed by the new rules. Other companies have reported similar issues, which may show that the European insurance industry is relatively ill-prepared to comply with the new rules once they go into effect. Insurers may be forced…

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Dutch insurance sector given positive outlook by Fitch Ratings

Dutch Insurance Sector

Agency takes aim at Dutch insurance sector Fitch Ratings, the ratings division of the Fitch Group, has released a statement concerning the state of the Dutch insurance sector. The Dutch insurance sector has been experiencing some turbulence in recent months due to economic troubles in the Netherlands and Europe at large. These problems have caused some concern amongst insurance companies and investors who have dumped money into the sector. The statement from Fitch Ratings aims to provide some insight on the matter and placate these concerns. Sector forecast to remain…

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