Brussels bows to pressure over Solvency II

The European Commission bowed to pressure from insurers and agreed to set up working parties in April 2011 to tackle problem areas in new capital rules for the industry that are due to come into force in 2013.

ESO: Background information: EU urged to rethink insurance capital rules http://www.europeansources.info/record/eu-urged-to-rethink-insurance-capital-rules/

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