Lloyd’s sticks to 2013 guns
Lloyd's is still keen to press on and begin implementing the Solvency II regime from 2013, despite the concessions expected from European policymakers to smooth the transition for the laggards within the market.
As first revealed by The Insurance Insider, the UK Financial Services Authority (FSA) has confirmed that Lloyd's has made a joint approach with the Association of British Insurers (ABI) to ascertain whether the regulator would allow the market, along with other leading British insurers, to stick to...
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