Insurance Europe president calls for vital Solvency II solutions

sergio-balbinot-generali-cea

The European insurance industry supports the goals of the forthcoming Solvency II regulatory regime but vital issues still need to be resolved, Insurance Europe’s president, Sergio Balbinot, told the Eiopa conference in Frankfurt today.

Key among the issues is the need to ensure that the new regime for Europe's insurers fully recognises that insurance is a long-term business. Otherwise the consequences could be severe for insurance

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