Insurers warn of Solvency II impact

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

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