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Europe Daily Bulletin No. 9864

19 March 2009
Contents Publication in full By article 12 / 33
GENERAL NEWS / (eu) ep/insurance
EP renounces support for group in order to obtain agreement on “Solvency II” agreement before end of its mandate

Brussels, 18/03/2009 (Agence Europe) - The European Parliament has given up trying to get the provisions on the “support group” included in the “Solvency II” draft directive that frames the activities of insurance and reassurance companies, a legislative initiative that is currently being negotiated with the Council. Introduced in the Commission's initial proposal, this mechanism entirely places important supervision issues (internal approval model, demands for additional capital) in...

Contents

A LOOK BEHIND THE NEWS
THE DAY IN POLITICS
GENERAL NEWS
SUPPLEMENT