UPDATE 2-Dutch central bank sounds alarm on insurance industry

April 14, 2015 12:13 PM

78 0

AMSTERDAM, April 14 (Reuters) - The Dutch central bank warned that Europe's long period of low interest rates is threatening the solvency of insurers, which it said will have to cut costs and restrict dividends to protect capital.

In its most strongly-worded review of the Dutch insurance sector yet, De Nederlandsche Bank highlighted the risk to the financial sector as a whole.

Also read: Record 47 million expected to travel for U.S. July Fourth holiday: AAA

Read more

To category page