Brussels, 14/02/2002 (Agence Europe) - On Thursday, the Council formally adopted two directives on life and non-life insurance companies. The Council accepted the amendments presented by the European Parliament in July 2001 which means that a second reading was not necessary. With the aim of reinforcing safeguards for policy holders, the directives strengthen the solvency margin requirements for life and non-life insurance companies, ie the extra capital that insurance providers have to hold...