New European rules could hit annuity providers

Article reports that insurance companies that promise to pay pensioners an income until they die face potential capital shortfalls under sweeping new European insurance regulations, experts have warned.

European Commission: Insurance: Solvency 2 https://ec.europa.eu/info/business-economy-euro/banking-and-finance/insurance-and-pensions/risk-management-and-supervision-insurance-companies-solvency-2_en

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