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Learning from life: Could Solvency II bring life and general insurance closer together?

steven-mcewan

When the First Life Assurance Directive was passed in 1979, it spelled the end for new composite insurers. Steven McEwan explains why the advent of Solvency II may bring life and general insurance back in contact again.

Since the implementation of the First Life Assurance Directive passed in the European Union in 1979, it has not been possible for any new insurers to be authorised in the EU to carry on both long-term

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