German regulator says payout ban for insurers not necessary


MUNICH, April 3 (Reuters) - German financial regulator BaFin said on Friday a general payout ban for insurers and pension funds is currently not necessary after the EU's insurance regulator said dividends and share buybacks should be suspended during the coronavirus pandemic.

UPDATE 2-EU tells insurers to suspend dividends, avoid bonuses in pandemic

(Reporting by Alexander Huebner; writing by Thomas Seythal; editing by Tom Sims)

((thomas.seythal (at);))

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


More Related Articles

Info icon

This data feed is not available at this time.

Sign up for Smart Investing to get the latest news, strategies and tips to help you invest smarter.