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LCP predicts £15bn of new business to be written this year
Insurers need to continue lobbying and maintain vigilance in order to ensure that the concessions made towards the industry by the European Commission on 15 April are sustained. The proposals could change yet again and cause further upward pressure on capital requirements, warns one of the respondents to our questions on the QIS5 draft.
Only forty-seven months to Solvency II! For insurers taking the internal model route crucial decisions are needed now. Jessica Baylis reports.