Re/Insurance Industry at Risk from new EU Regulatory Framework
January 10, 2010
With preperation for Solvency II preoccupying European re/insurers, it is important that the industry is not blindsided by the new European financial regulation regime says Derek Stenson. There are fears that the ESRB, which will be comprised primarily of central bankers, with only one representative from the insurance industry, may make recommendations that have unintended consequences for the r/insurance industry.
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