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Europe Daily Bulletin No. 8000

6 July 2001
Contents Publication in full By article 18 / 38
GENERAL NEWS / (eu) ep/insurance
Parliament adopts Ettl reports on solvency of life and non-life insurance companies

Strasbourg, 05/07/2001 (Agence Europe) - The European Parliament adopted, in first reading, the two reports by Harald Ettle (ESP, Austria) on the Directives settling the solvency margins, which life and non-life insurance companies must have. He only added technical and editorial details to the text presented by the Commission, while limiting the possibilities for the automatic granting of solvency certificates by the Member States, which allow insurance companies to "export their problems"....

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