EU's Solvency II move "too important to fail" - McCreevy
The European Union’s move toward Solvency II is “too important to fail,” Charlie McCreevy, the European Union's commissioner for internal market and services, told a London insurance conference.
Speaking at the UK Financial Service Authority’s 2008 Insurance Sector Conference, McCreevy argued that what happens in Europe “will set the scene for the rest of the world.” Solvency II, which is due
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