Solvency II unlikely to spark wave of relocations, says Fitch
Solvency II is unlikely to lead to a wave of European insurers moving their headquarters out of Europe as a result of concerns about third-country equivalence, particularly for the US, ratings agency Fitch has claimed.
Insurers with large US life operations would be most severely affected if the US regulatory regime is not granted equivalence with that of the European Union.
This concern is the chief cause of
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