LLOYD’S NAMES – EP
June 1st, 2005
BY KEITH NUTHALLTHE EUROPEAN Parliament has voted to press the European Commission to provide a written response to its question on whether it had been satisfied that Lloyd's of London had been "properly and effectively regulated" between 1978 and 2001. MEPs particularly want to know if Brussels thought Lloyd's and the British government had complied with the European Union's (EU) First Non-Life Insurance Directive, which has rules on solvency requirements for insurers. The motion followed oral answers to these questions by EU internal market Commissioner Charlie ...
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