Lifers could fail en masse in next crisis, says EIOPA

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Lifers could fail en masse in next crisis, says EIOPA

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Romolo Tavani/Romolo Tavani - stock.adobe.com

Bad governance and management is a key cause of failures and near misses among insurance firms, the European Insurance and Occupational Pensions Authority has found, in a report released this week. The body has previously called for a harmonised approach to resolution and recovery.

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