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Munich Re eyes business boost from new EU capital rules

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Published Mon, Nov 30, 2015 · 09:50 PM

Frankfurt

GERMAN reinsurer Munich Re said it expects to generate more business as a result of new risk capital rules known as Solvency II, which take effect on Jan 1.

The world's largest reinsurer said on Monday that insurance companies would have to manage their capital requirements under the new rules and would turn to strongly capitalised reinsurers as partners.

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