Bloomberg News

Prudential’s CEO Warns of Solvency II ‘Unintended Consequences’

January 31, 2012

Jan. 27 (Bloomberg) -- Prudential Plc Chief Executive Officer Tidjane Thiam said he’s concerned about the potential “unintended consequences” of Solvency II regulation.

If “certain versions” of Solvency II, insurance rules to come into force in 2013, are implemented, investing in corporate bonds, infrastructure and some bank assets will be “very difficult,” he said in an interview with Bloomberg TV in Davos, Switzerland

To contact the editor responsible for this story: Howard Mustoe at hmustoe@bloomberg.net


Soul Searcher
LIMITED-TIME OFFER SUBSCRIBE NOW

(enter your email)
(enter up to 5 email addresses, separated by commas)

Max 250 characters

 
blog comments powered by Disqus