Thank you for sharing!

Your article was successfully shared with the contacts you provided.

LONDON (Reuters)—Governments and companies are broadly agreed that Europe’s new Solvency II capital rules for insurers should take effect in January 2014, a year later than originally planned, British Financial Secretary to the Treasury Mark Hoban said on Thursday.

“There is a broad consensus in Europe that firms will be required to comply by 2014, with some ‘soft’ implementation from 2013,” Hoban told a conference organised by the Association of British Insurers (ABI).

Want to continue reading?
Become a Free
PropertyCasualty360 Digital Reader.


  • All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
  • Educational webcasts, resources from industry leaders, and informative newsletters.
  • Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.

Already have an account?



Join PropertyCasualty360

Don’t miss crucial news and insights you need to make informed decisions for your P&C insurance business. Join PropertyCasualty360.com now!

  • Unlimited access to PropertyCasualty360.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including BenefitsPRO.com, ThinkAdvisor.com and Law.com
  • Exclusive discounts on PropertyCasualty360, National Underwriter, Claims and ALM events

Already have an account? Sign In Now
Join PropertyCasualty360

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.