€4.9bn regulatory bill hurts Europe’s insurers


Europe’s 40 largest insurers spent €4.9 billion complying with new regulatory requirements in 2013 putting a growing strain on the sector and wiping an average of one percentage point off insurers’ return on equity, according to a report by Deutsche Bank.

Deutsche Bank, Regulatory Requirements, Deloitte, Solvency II, CIRC, IRDA

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