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​Solvency II capital break for infrastructure takes effect tomorrow, EU says

( April 1, 2016, 10:06 GMT | Official Statement) -- MLex Summary: Insurers operating in the EU will be able to invest in infrastructure at a lower capital cost from tomorrow, when the European Commission’s amended rules to the Solvency II law come into full effect. The initiative aims to encourage insurance companies to put cash directly into projects such as road and bridge construction, by demanding less money be put aside as a buffer in case the investment fails. The overhaul in the Solvency II capital rules is part of the EU’s plan to jump-start Europe’s faltering economy and promote a US-style capital market.The following text is from the statement. ...

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