EU watchdog flags new rules for handling failing insurers

September 8, 2015 10:07 AM

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FRANKFURT, Sept 8 Regulators are looking at how they would deal with a failing insurer by applying lessons from banks during the financial crisis, the European Union's insurance watchdog said on Tuesday.

Global regulators are putting in place rules to make sure they could handle the failure of a big bank without disrupting markets as seen when Lehman Brothers went bust in 2008.

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