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Europe Daily Bulletin No. 9756

8 October 2008
Contents Publication in full By article 10 / 35
GENERAL NEWS / (eu) eu/ecofin council
Two camps come forward on developing rules for supervision of pan-European insurance groups

Brussels, 07/10/2008 (Agence Europe) - On Tuesday 7 October, EU finance ministers discussed the proposal for a “Solvency II” directive aimed at renovating rules applying to the activity of airline insurance and reinsurance companies (see EUROPE 9674). When it comes to the supervision of pan-European groups, two camps oppose each other over the way authority should be shared out between the “home supervisor” and the “host supervisors” (regulators of host countries), that will meet...

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GENERAL NEWS