Insurers anticipate 2016 Solvency II deadline

Jim Bichard

Insurers are reducing their Solvency II implementation programmes as they now expect the directive to come into force in 2016.

Some 68% of insurers have scaled back their implementation programmes, according to figures from PwC.

A delay in Solvency II 2014 reporting would be welcomed by the majority of insurers in any event

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