European piecemeal approach to affect single insurance rules

European Union map

The European Union's long-term goal of introducing a continent-wide set of insurance industry rules has been put in jeopardy as larger member states look to adopt a fragmented approach to the introduction of regulations.

Reports from Bloomberg suggest that lobbying by German, British and French insurers over the impact of the rules on savings products has already delayed the introduction of Solvency II beyond its

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