General Insurance Article - EIOPA pushes Barnier on Solvency II timetable clarification

 EIOPA chairman Gabriel Bernardino has written to European Commissioner Michel Barnier saying EIOPA "are seriously concerned about the lack of a clear snd credible timetable for the implemention" of Solvency II.
 He added that the uncertainties had wider consequencies, undermining EU credibility in international discussions.

 Once a timetable is agreed, Bernardino said that a reflection should be made on the possibility of earlier implementation of some Solvency II elements to address concerns, including prolonging the inadequate Solvency I regime.