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By Charlie Conchie The Bank of England has said it is mulling whether “further measures” are required to shore up major insurers today, amid reports it is preparing stress tests the market’s exposure to offshore reinsurance firms. The Financial Policy Committee (FPC), which leads the Bank of England’s work on financial stability, said last year it would “keep under review” whether the so-called funded reinsurance market would be included in the year’s insurance stress tests. The market has been transformed by a flurry of deals between corporates and major life insurers as firms look to offload…

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