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Europe Daily Bulletin No. 10963

15 November 2013
ECONOMY - FINANCE - BUSINESS / (ae) insurance
New solvency rules from 2016

Brussels, 14/11/2013 (Agence Europe) - Representatives of the European Parliament and the EU Council of Ministers reached agreement in principle in the night of 13 to 14 November on the draft Omnibus II directive that complements the Solvency II directive on prudential rules for the insurance industry.

In a press release, EU Internal Market Commissioner Michel Barnier said the agreement was a very important stage for the insurance industry in Europe because a modern, prudential solvency...

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