More pragmatic solution for Solvency II needed, says L&G chief
The head of UK insurer Legal & General has lambasted proposed Solvency II measures, saying they are unlikely to work in their current form and may need to be redrawn, Reuters reported.
L&G chief executive Nigel Wilson said in a conference call this morning that the EU is likely to abandon efforts to agree a harmonised set of rules, and will instead allow European governments to
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