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SAP has released a new rapid-deployment solution designed to help insurers located or doing business in the European Union (EU) meet the stringent reporting requirements of the Solvency II Directive and its fast-approaching deadlines. The SAP Solvency II Regulatory Reporting rapid-deployment solution provides a cost-effective fast track for insurance companies to make public disclosures through regulatory reporting as required under the far-reaching mandates of Solvency II. In turn, the improved transparency will also help European officials better determine compliance and enforcement of the new regulation, SAP says.


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