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FSA's Strachan sets out views on Solvency 2

David Strachan, the Financial Services Authority's sector leader for insurance, speaking today at the European Insurance Summit has outlined his thoughts as to what the EU's plans for insurance reform should look like.

In his speech, the full text of which is below, he said theFSA believed that the three-pillar approach adopted in Basel for banking is also suitable for the insurance sector - though recognising that

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