OSLO Feb 4 Norwegian insurers' compliance with
upcoming European solvency regulations will be delayed at least
until Jan. 1, 2015, Norway's financial watchdog Finanstilsynet,
said on Monday.
Finanstilsynet said this was due to delays in negotiations
on amendments to the Solvency II Directive through the so-called
Omnibus II Directive.
"A revised schedule has not yet been approved, and it is
uncertain when such a schedule will be available," it said,
adding that a delay beyond Jan. 1, 2015, could not be excluded.
Storebrand and Gjensidige are among
Norway's biggest insurers.
(Reporting by Victoria Klesty)