Swiss Re hits out at ‘counterproductive’ regulatory calibrations

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Current proposals for new insurance regulations are counter-productive and will only prohibit a firm from making the returns necessary to meet the interests of its policyholders, according to Swiss Re. Solvency II regulations facing the insurance industry will be "overdone" if they pressure companies to resort to investments in lower risk and return asset classes, leaving policyholders to pay the price, says Zurich-based reinsurer Swiss Re in its sigma study on insurance investment in a chall