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European insurance federation statement: Insurers back CEA call for Solvency II changes

( December 1, 2011, 15:07 GMT | Official Statement) -- MLex Summary:  The European Insurance and Reinsurance Federation (CEA) has said French, British, Italian, German, Spanish and Polish insurers' associations backed their calls for changes to Solvency II. CEA want the extrapolation of long-term rates, a predictable counter-cyclical premium and the extension of the matching premium to all annuities and long-term products.Full press release follows below...

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