Insurance Group Proposes Disclosure

GLOBALCAPITAL INTERNATIONAL LIMITED, a company

incorporated in England and Wales (company number 15236213),

having its registered office at 4 Bouverie Street, London, UK, EC4Y 8AX

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Insurance Group Proposes Disclosure

A working group of the National Association of Insurance Commissioners has proposed measures to enhance disclosure of credit derivatives positions in financial statements filed by insurers.

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