EU reinsurers face closure of temporary regime before Solvency II decision
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EU reinsurers face closure of temporary regime before Solvency II decision

Liz Bury
06 October 2021
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Trade body Insurance Europe has warned the Prudential Regulation Authority (PRA) that the temporary regime enabling EU reinsurers to trade in the UK will close before they know which of the Solvency II reforms will be taken forward.

The Reinsurance Advisory Board (RBA) at Insurance Europe highlighted the issue in its response to the regulator’s consultation on the Solvency II review, which closes on Friday.

The

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Liz Bury
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