The capital regime for the insurance industry needs “fundamental” review, a committee of MPs has been told.
Legal & General and Prudential both appeared before the Treasury Select Committee yesterday (25 January) to criticise the Solvency II regime.
The cross-European regime came into effect a year ago and sets out how much capital insurance companies must hold to reduce the risk of insolvency.
Continue Reading “Insurers warn of Solvency II impact ” at FT Adviser News
Solvency 2 Global News, Jobs, Glossary, Governance, and General Information