Allianz critical of new EU capital rules

Europe’s new capital rules for insurers are unworkable and dangerous for consumers, the chief executive of Allianz Michael Diekmann said in February 2011 in some of the harshest criticism yet of the disputed Solvency II regime, due to come into force in 2013.

ESO: Background information: Solvency http://www.europeansources.info/record/risk-management-and-supervision-of-insurance-companies-solvency-2/

ESO: Background information: EU insurers face Solvency II deadlines http://www.europeansources.info/record/eu-insurers-face-solvency-ii-deadlines/

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