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Position Paper on Solvency II – the Principle of Proportionality and its Application
September 24th, 2010
Position Paper on Solvency II – The Principle of Proportionality and its Application 
” This really is an excellent paper which provides argument in an orderly fashion. There is an over-attempt to define proportionality mathematically and because of this, certain critical qualitative judgments on the nature, scale and complexity of risk have been eroded.”
Gordon Rowell, Head of Insurance Supervision Cayman Islands Monetary Authority