Solvency II ‘life support’ is a step in the wrong direction

Life companies in Europe are facing years of consolidation as they struggle to get to grips with the Solvency II requirements. revenue-wrong-direction

Having already endured a prolonged period of hurt around 20 years ago, life companies in the UK are in a better position but still not a great one, according to Ned Cazalet.

The founder and chief executive of Cazalet Consulting, which provides strategic advice, market intelligence and support to financial institutions, has serious concerns about the direction and speed of Solvency II and the life support it offers to companies he feels should be allowed to fail.

Continue Reading “Solvency II ‘life support’ is a step in the wrong direction” at International Adviser

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