The stumbling block
With the Insurance Block Exemption Regulation set to expire in 2010, the industry is under pressure from Europe to supply sufficient evidence to support an extension to the deal, so can the industry continue to justify this special treatment? Ana Paula Nacif investigates
Since 1992 the insurance industry has benefited from a block exemption regulation that allows companies to enter into certain types of agreement without falling foul of European competition laws. But
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