The European Union is close to agreeing to new rules which will force insurers to hold enough capital to keep policyholders safe, after years of delay.

The protracted talks on new European Union capital adequacy rules for insurers are likely to be concluded next month, two sources involved said on Thursday.

The protracted talks on new European Union capital adequacy rules for insurers are likely to be concluded next month, two sources involved said on Thursday.

The European Union is close to finalising a deal on how insurance companies will hold enough capital to keep policyholders safe which will severely water down the version sought by industry regulators.

The European Union is close to finalising a deal on how insurance companies will hold enough capital to keep policyholders safe which will severely water down the version sought by industry regulators.

The United States could improve how it spots and prevents risks in the financial system from turning into destabilising crises, a global regulatory task force said.

Top insurers will soon have to hold more capital to cover risks they pose to the financial system should they go bust, global regulators said.

Top insurers will soon have to hold more capital to cover risks they pose to the financial system should they go bust, global regulators said.