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Half of companies consider restructure ahead of Solvency II

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Confidence that the insurance industry will achieve Solvency II compliance by 1 January 2013 has dropped by 17 percentage points, according to research conducted by the Economist Intelligence Unit on behalf of Deloitte.

The report, which assesses the readiness of UK insurers for Solvency II, found that just under half of respondents (46%) were confident or very confident about the prospects for industry compliance

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