Brussels, 29/11/2007 (Agence Europe) - On Tuesday 4 December, EU finance ministers will take note of progress at the Council after 11 meetings of experts working on the draft Solvability II directive introducing new solvability rules for the European insurance and reinsurance industry (see EUROPE 9465). A progress report drawn up by the Portuguese presidency discusses several amendments to the initial proposal. The amendments cover application of the principle of proportionality when...