IUA says insurers that successfully implement Solvency II may win competitive edge
Companies that successfully implement Solvency II may make efficiency improvements and gain a competitive advantage on their rivals, according to the International Underwriting Association (IUA)
Companies that successfully implement Solvency II may make efficiency improvements and gain a competitive advantage on their rivals, according to the International Underwriting Association (IUA).
Speaking at a Solvency II seminar for members of the London company market, Nick Lowe, the IUA's director of Government affairs, said the new regime for insurers in Europe will be an opportunity as well as a challenge.
“Firms are now clearly gearing up to meet the Solvency II challenge,” commented Mr
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