Europe's 'Gold Standard' Insurance Regulation Badly Tarnished

Solvency II, the prudential regime for insurance and reinsurance undertakings in the EU  is portrayed as a global ‘gold standard’. An extraordinary case involving the Romanian Financial Supervisory Authority, ASF, and the insurance operator, Euroins Romania which has played out since the beginning of this year badly tarnishes the ‘gold standard’ claim – writes Dick […]

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