Solvency II - proportionality: A sense of foreboding
After a promising start, Solvency II is increasingly being viewed as a heavy burden after proposals to gold-plate the rules and increase capital requirements. Neil Coulson examines its progression.
The approval of the European Union's Solvency II directive in April 2009 was mostly greeted with relief that an important step in taking forward the future regulation of insurance in Europe had been
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