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Insurers say EU's Solvency II proposal is too burdensome

( September 5, 2025, 14:23 GMT | Official Statement) -- MLex summary: The draft EU Solvency II proposal “will bring a raft of new additional requirements alongside significant new operational burdens,” says Insurance Europe, the organization representing the insurance industry in Brussels, in a position paper published today. It also says that the draft implementing text that was open for feedback until today fails to address artificial volatility. The bloc’s executive will assess the feedback and is due to put forward a text by the end of the year. This review is also part of the commission's securitization package proposal.See attached position paper and consultation page....

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