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Solvency II run-off concerns still not met

Red tape

The Solvency II exemption for run-off companies fails to meet the expectations of many in the industry, according to run-off specialist Ruxley Ventures.

Despite the European Commission's proposal last June for an exemption and termination strategy in its revised Omnibus II Directive, the industry's concerns have not been fully met, the firm said.

Ruxl

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