Solvency II setbacks taking toll on insurer budgets
Rising numbers of insurers believe the industry will miss the January 2012 compliance deadline for Solvency II, according to a survey conducted by the Economist Intelligence Unit on behalf of Deloitte.
The survey of 60 UK-based insurers found that 37% fear that the industry will fail to meet the compliance deadline, up from 24% last year.
In addition, 73% of respondents said that implementation
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