We need an agreement on Omnibus II if Solvency II is to be kept on track
Optimism as trilogue discussions recommence, but a long way to go before an agreement is reached
With summer drawing to a close, the political negotiations on Solvency II are recommencing, as Europe’s lawmakers try to hammer out an agreement on key elements of the proposed regime.
After the Omnibus II trilogue discussions stalled last year over the treatment of insurance contracts with long-term guarantees, there is now much at stake for the insurance industry and proponents of the Solvency II project itself.
An agreement is needed on a range of technical – and at the same time critical –
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