Most insurers will meet Solvency II deadline: Survey

Most insurers are confident that they will meet the 2012 deadline to implement Solvency II, the risk-based capital regulatory regime for insurers and reinsurers in Europe, according to research by PricewaterhouseCoopers L.L.P.

A survey of 115 companies in 22 countries last fall found that 74% of insurers are confident they will meet the 2012 deadline, PwC said Tuesday, although 40% are still only in the preparatory stages or have yet to launch their implementation projects.

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