Lloyd's says Solvency II delay will avoid applications gaps
Lloyd's has rejected claims it is struggling to prepare its Solvency II internal model submission for the Financial Services Authority, claiming there will be "no gaps in the applications" by the July submission deadline.
Lloyd's was originally due to apply for internal model approval in April, but this has now been put back to July.
Luke Savage, a finance director at Lloyd's, told Insurance Insight's sister
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