Insurers Must Check Custodians' Plans For Solvency II, Says Northern Trust Exec


Insurance clients should check their custodians and administrators will be able to provide the asset data required for Solvency II reporting, a Northern Trust executive has said, as the industry anticipates the imminent publication of the European Insurance and Occupational Pensions Authority's (EIOPA) response to the industry's comments on its consultation paper about the directive on capital adequacy and risk management for insurers.

London-based Andrew Melville, senior vice president and head

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