BIS 2010 - News: Solvency II will give competitive advantage to big players
Large diverse European insurers such as Generali, Axa, and Allianz may be the "big winners" under Solvency II, an ABI director has predicted.
But small to medium sized insurers could suffer most from the plans unless they adapt, Peter Vipond, director of financial regulation and taxation at the ABI, also warned.
Mr Vipond told BIS delegates
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