Axa chief: no need to change rules on insurers’ capital

axa-insurance

European insurers shouldn’t be required to increase capital reserves as they play a “stabilizing” role in the financial system and pose “no systemic risk” to markets, Axa SA’s CEO Henri de Castries said.

European insurers shouldn't be required to increase capital reserves as they play a "stabilizing" role in the financial system and pose "no systemic risk" to markets, Axa SA's CEO Henri de Castries

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