Insurers miss opportunity to voice opinions on EU consultation on PPOs

Bank of England

The UK’s general insurance sector has failed to engage with a consultation on setting Solvency II liability rules, despite a European Union recommendation that 20% of the sector should contribute for the study to be credible.

In an assessment on rules for long-term liabilities sent out to domestic regulators in late January, the EU trialogue group – made up of the European Commission, Parliament and Council  – asked for

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