Brussels, 03/12/2004 (Agence Europe) - The EP Committee on Economic and Financial Affairs held on 30 November a public hearing on the proposal for a European directive on reinsurance during which prudential measures guaranteeing reinsurance company solvency were the main theme of the debate (see EUROPE of 23 April). On one side, reinsurers mainly challenge the calculation of solvency margins imposed upon them. On the other, suppression of collateral envisaged by the proposal of directive is...