Basel III could lessen credit insurance demand from banks
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Basel III could lessen credit insurance demand from banks

Credit insurers may need to adapt their business mix, client base and types of deals underwritten to stay relevant.

By Abbie Day
October 31, 2024
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Bank for International Settlements BIS tower basel switzerland.png

A recent report from the European Banking Authority (EBA) on implementation of the Basel III framework, beginning 1 January 2025, could result in a drop in demand for credit insurance from banks and alter the risk landscape of portfolios...

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Topics

Analysis UK and Europe Specialty lines Regulation
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