Captives domiciled in the European Union may have to wait longer than expected for regulatory relief, after the European Parliament published Directive 2025/2, amending the text of Solvency II which should bring more proportionality for “small and non-complex undertakings”.
The European market had been keen to see the text since Captive Intelligence reported in April the Parliament had rubber stamped the reforms which had been welcomed by the market.
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