The additional costs incurred by the new regulations are being blamed
The insurance professionals are concerned about the financial burdens faced by insurers following the introduction of new regulations.
They point the finger, in particular, to the European directive known as "Solvency II". This would result in astronomical costs among insurers while diverting the management of its priorities such as maintaining profitability.
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Mon, 22/04/2013 - 16:12
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