Basle regulators shift view slightly on op risk insurance

Global banking regulators are viewing a little more positively the role insurance could play in helping to mitigate operational risk under the Basle II bank capital accord, say some regulatory sources.

The regulators have still to be convinced that insurance could be used to reduce the burden of capital charges under the accord, which will determine the proportion of their assets that large international banks will have to set aside as reserve capital to guard against banking risks.

But