Brussels, 20/09/2012 (Agence Europe) - The European Commission is suggesting waiting for the outcome of a new impact assessment of the new solvency rules for European insurance companies, expected in March 2013, before concluding the inter-institutional talks on the draft Solvency II Directive and the Omnibus II legislative package (see EUROPE 10581), which may well postpone entry into force of the new legislation from 2014 to 2015.
European industry has welcomed the decision to await the...