Solvency II - Germany fights for RfB capital


One of Germany's top finance ministry civil servants has warned other EU nations not to block German life companies from using participating surplus funds as available capital in Solvency II. According to Jorg Asmussen, head of division VII, responsible for all financial markets issues, at the Bundesministerium der Finanzen (BMF, federal finance ministry) in Berlin, Germany's policymakers are using the weight of this industry to defend their key concerns with respect to Solvency II.

Germany is

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