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The CEA and other insurance bodies called on the French Presidency and the European Institutions to adopt the Solvency II directive without delay and in as complete a form as possible.
“The group support regime will lead to a much improved oversight of the total risk of the group compared to the current situation and will increase the likelihood that group supervisors and the relevant local supervisors will have the competences in order to be able to react to issues early”, the CEA, the CFO Forum, the CRO Forum and PEIF state in a letter to the European institutions.