Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  News  >  Economy & Forex

News : Latest News
Latest NewsCompaniesMarketsEconomy & ForexCommoditiesInterest RatesBusiness LeadersFinance Pro.CalendarSectors 
All NewsEconomyCurrencies & ForexEconomic EventsCryptocurrenciesCybersecurityPress Releases

BoE not targeting change in insurers' capital, says Gerken

02/23/2021 | 10:16am EST
FILE PHOTO: A general view shows The Bank of England in the City of London financial district in London

LONDON (Reuters) - The Bank of England is not looking for a change in the amount of capital insurers need but a planned review of Solvency II gives regulators an opportunity to adapt aspects of the regime, an executive director said on Tuesday.

"We are not looking for increase or decrease ... but are interested in the evidence as to ... what is the amount of capital that is about right," Charlotte Gerken told the Association of British Insurers' annual conference.

"The industry has proven resilient over the last 12 months in the current regime," she said.

(Reporting by Carolyn Cohn; Editing by Edmund Blair)


© Reuters 2021
Latest news "Economy & Forex"
01:13pImf says sudanese authorities have made tangible progress toward establishing strong track record of policy and reform implementation, a key requirement for eventual debt relief - statement
RE
01:11pImf managing director approve first review of sudan’s staff-monitored program supporting government’s home-grown program of reforms aimed at stabilizing the economy- statement
RE
01:10pU.S. House Democrats demand IRS extend tax filing deadline to July 15
RE
01:06pDutch pm rutte says coronavirus curfew to remain in place until march 31
RE
01:03pDutch pm rutte says most coronavirus lockdown measures must remain in place for now
RE
12:53pREPUBLIC OF KOREA : Phone call between High Representative/Vice-President Josep Borrell and Foreign Minister Chung Eui-yong
PU
12:30pChinese-flagged vessel runs aground off Mauritius
RE
12:28pUK unions to meet with Gupta's Liberty Steel after Greensill insolvency
RE
12:18pCanada's budget will not be presented in March, coming 'this spring'
RE
12:18pCanada's budget will not be presented in march but will come 'this spring' - finance department official
RE
Latest news "Economy & Forex"