Time to simplify Solvency II say regulators and insurers …

Top European insurance officials have said that the time has come to simplify the Solvency II directive, in a quest to preserve competition in the insurance sector.
They also expressed their support for the implementation of transition measures to allow insurers to adapt their business to the new capital requirements, although they rejected the idea that this period could extent to as long ten years.

Original post:
Time to simplify Solvency II say regulators and insurers …