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Bid for global insurer standard faces hurdles

There is still no International Capital Standard for the world's top 50 insurers since 2013 as the US and Europe fail to agree on a common standard

London

THE first global standard for investors to compare how much capital insurers from different countries hold to keep policies safe is caught in a transatlantic tussle, casting doubts on whether it is practical, industry and regulatory officials say.

Global banks have used

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