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UK to "pilot" new regime if SII deadline delayed

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UK insurers risk becoming the guinea pigs of new capital rules surrounding insurance companies if they press ahead with plans to implement the new framework in time for the current 1 January 2013 deadline.

Law firm Eversheds has said UK insurers may decide to keep to the current timeframe, despite speculation that the European Commission is set to delay the Solvency II implementation for another 12

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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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