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Britain proposes post-Brexit changes to insurer capital rules

Thu, 28th Apr 2022 06:22

LONDON, April 28 (Reuters) - Britain launched on Thursday a public consultation for a post-Brexit relaxation of capital rules for insurers in a step the government said would increase investments in long-term infrastructure.

Britain inherited the so-called Solvency II rules from the European Union, and reforming them is seen by industry and government as a key reform after Brexit to keep the financial sector globally competitive. (Reporting by Huw Jones Editing by William Schomberg)

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