Insurers welcome EU solvency deal / Insurance body cautious on solvency deal

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Series Title
Series Details 15.3.12
Publication Date 15/03/2012
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Insurers cautiously welcomed a deal between the two largest Political Groups in the European Parliament on the 15 March 2012 that helped allay the industry’s fears about capital requirements that a regulatory shake-up would bring.

The European Parliament would vote on its formal position imminently, before entering negotiation with EU Member States and the European Commission to reach joint agreement.

Related Links
ESO: Background information: Solvency http://www.europeansources.info/record/risk-management-and-supervision-of-insurance-companies-solvency-2/
ESO: Background information: Prudential ramps up rhetoric over EU rules http://www.europeansources.info/record/prudential-ramps-up-rhetoric-over-eu-rules/

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