The results of a new survey released by PwC have shown that over 40 percent of insurance companies do not believe regulatory supervisors are fully resourced for Solvency II.
“More than 40 percent of 115 international insurance companies do not believe that the responsible authorities will have the resources necessary for the start of Solvency II,” PwC said in a statement (as reported by Reuters).
For the full news report about this survey, by Jonathan Gould and published on the REUTERS website, use the following link:
http://www.reuters.com/article/idUSLDE7041IL20110105
