Solvency II should be delayed until 2014, says European Parliament

Map of Europe in CRN blue

Paul Clarke, global Solvency II leader at accountants PwC, said the move was a positive development. "It brings us closer to ending the distracting debate over whether there will be a delay," he said.

Mr Clarke stated that despite the delayed start date the reality was that insurers could not afford to be complacent with their plans as they would still be required to file Solvency II information over the course of 2013 to prove their readiness. "This means insurers will need to have the

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected].

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have an Insurance Age account, please register now.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: