Debate rages over Solvency II impact on the London
market
City analysts have sounded a note of caution over the extent that
new European regulatory developments will force London market
insurers to increase their solvency capital requirement (SCR) by
2012.
Oriel Securities suggested that assessments of Solvency II regulation will remain uncertain at best until more "precise requirements" emerge from European regulators.
Last September the Association of British Insurers raised concerns in a letter to the UK government and European...
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