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Headline: Regulators focus on risk transfer and capital arbitrage as convergence accelerates Source: Euromoney Date: January 2002 Author: Nick Evans International regulators are stepping up their oversight of the insurance industry for a multitude of reasons. The fear that life insurers are taking increasingly risky bets with long-term retail savings is high on the list. And so is the concern that the increasing convergence and risk transfer between the insurance and banking sectors may be creating unseen – and unforeseen – risks. |
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