06/05/2011 (Agence Europe) - Insurance industry worries about Solvency II. The stakeholders responding to a European Commission consultation exercise on the implementation measures of the EU Solvency II Directive (capital requirements for European insurance companies) have expressed concern about how the directive would affect the sale of long-term insurance contracts. They fear it would cause volatility in the pricing of assets, being pro-cyclical in nature. The industry is also concerned...