Keeping it consistent

Peter Skinner: The parliament left Solvency II early last year, when an election got in the way. Unfortunately, when we returned in September, we got most of our information over the directive’s current state from the press, rather than in the direct form, which isn’t the best way for politicians to find out about developments.

This isn’t a criticism of the people in front of us today, but instead of how the industry reacted – and in my view, overreacted – to the issues posed by Solvency II.

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