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Insurance Europe president hits out at ‘overly conservative nature’ of Solvency II

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Insurance Europe president Andreas Brandstetter, CEO and chairman of UNIQA Insurance Group, said at a Solvency II conference in Brussels today that problems with the regulation need to be addressed.

Brandstetter said: “The European Commission’s 2020 review of Solvency II must address the regulation’s overly conservative nature and the fact that it treats insurers as if they were short-term

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