Eling, Martin; Schmeiser, Hato; Schmit, Joan T. - Institut für Versicherungswirtschaft <Sankt Gallen> - 2005
regulation. However, with the more recentmovement toward a general single EU market, financial services regulation hastaken on …As early as the 1970s, European Union (EU) member countries implemented rulesto coordinate insurance markets and … that, ultimately, will determinethe exact form of capital regulation. Our analysis leads us to conclude thatcaution is …