Prudent for EU insurers to suspend dividends - watchdog
Share:
LONDON (Reuters) - Insurers should continue to suspend dividends until the extent of economic damage from the pandemic becomes clearer, the European Union's insurance watchdog said on Wednesday."We still believe it is a prudent approach... There are still a lot of elements of uncertainty," Gabriel Bernardino, chair of the European Insurance and Occupational Pensions Authority (EIOPA), told a webinar held by global financial industry lobby IIF.EIOPA has asked the sector to suspend dividends to..