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Insurers demand clarity on Omnibus II

Equivalence, credit risk adjustment and details on level 2 text urgently needed, say top insurance executives

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European insurers have warned policy-makers they need to act fast to dispel the remaining ambiguities around Solvency II if the directive is to be successfully implemented.
 
The warning follows last week's agreement on the final wording of Omnibus II, a package of amendments for Solvency II, at a trilogue negotiation between the European Parliament, European Commission and Council of the European

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