S&P: Omnibus II will stabilise insurer rating environment
Standard & Poor's today said it believes the European Commission's publication of its proposed revisions - known as Omnibus II - to the Solvency II directive, will have a stabilising impact on the market.
"From our reading, the transitional arrangements in Omnibus II cover much of the Solvency II regime and might extend until 2023. We believe that most insurers will welcome the proposals because they
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