Insurance regulator calls on EU to finalise Solvency II

09/30/2013 | Reuters

Gabriel Bernardino, head of the European Insurance and Occupational Pensions Authority, has warned EU member states against diluting Solvency II rules, which require insurers to hold enough capital. Negotiations between member states and the European Parliament have stalled because of disagreement about the amount of capital insurers should hold against certain products.

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