UK insurers may need to raise £4bn to meet EU directives

The UK's Financial Services Authority published a consultation paper on 22 October 2003, outlining how it proposes to fully implement new European Union Directives.

http://www.fsa.gov.uk/pages/Library/Communication/PR/2003/112.shtml http://www.fsa.gov.uk/pages/Library/Communication/PR/2003/112.shtml

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