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Insurers must now focus on key priorities of Solvency II says KPMG

The Solvency II Framework Directive has now been passed by the European Parliament and the meeting of ECOFIN on 5 May is also expected to approve the regulation.

Phil Smart, KPMG's head of Solvency II in the UK, said: "The insurance industry now has a clear framework against which insurance regulation will be constructed in the future. This is a watershed

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