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News - EC queries common reinsurance practice.

Europe Intelligence Wire

| March 01, 2007 | COPYRIGHT 2007 Financial Times Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

(From Reinsurance)

The European reinsurance industry could be acting in a manner that restricts competition, the European Commission (EC) said in its long-awaited report published in January.

The Business Insurance Sector Survey raises the issue of the 'best terms and conditions clause' in many contracts.

The report stated: "The inquiry also shows that, at different ...

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