Insurance Europe welcomes Solvency II impact assesment
Insurance Europe has welcomed news that the European Union will undertake an impact assessment on measures to deal with long-term guarantee issues in Solvency II before finalising the Omnibus II text.
Michel Barnier, pictured, the European Union commissioner in charge of regulation, has suggested delaying the Solvency II regime by one year, a source told Reuters on Tuesday.
The trade body pledged
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