CEA PRESS CONFERENCE
June 1st, 2004
BY DAVID HAWORTHINSURANCE is facing a huge acceleration of new EU legislation, which will lead to additional burdens right across the industry, Gérard de La Martinière (SPELLING CORRECT), the Comité Européen des Assurances' (CEA) new president warned in Brussels today.He told the organisation's annual press conference said there had been 96 new legislative initiatives in 2003, and 64 so far in 2004, with severe cost implications for their implementation.This was occurring against an "increasingly complex environment in which the industry had to deal with more ...
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