Solvency II here, but unclear


LONDON & FRANKFURT - At the beginning of October, the European Parliament's Economic and Monetary Affairs Committee voted to approve Solvency II, bringing implementation ever closer for EU-based insurance companies.

Although both the internal market commissioner Charlie McCreevy and the French EU presidency are working to get Solvency II through the legislative process on time - despite committee approval, there are several stages to go - there are some mutterings about whether the new directive

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