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Consultants welcome 'clear deadline' on Solvency II

Euro sign outside the European Central Bank in Frankfurt

The delay of Solvency II’s application date to 2016 has been welcomed by KPMG and PWC, citing the certainty the move will bring insurers, though doubts still remain over the new schedule.

The European Commission yesterday proposed pushing the regulations to the 1 January 2016 in response to ongoing "trilogue" talks between the Commission, the EU Parliament and the EU Council on Omnibus

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How should success of FCA’s response to Which be judged?

The effectiveness of the Financial Conduct Authority’s regulatory action in response to Which’s super-complaint about home and travel insurance is reflected in smoother claims handling, not in the number of reviews or fines, according to Claire Massey, founder of Claim Guardians.

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