VHI must now meet solvency requirements and face full regulation as EU Rule against Ireland
- Posted by irishhealthinsurance
- On September 30, 2011
- 0
The EU, as expected, has ruled against Ireland for continuing to allow VHI an exemption from regulation by the Central Bank. As a result of this the VHI will now have to find over €300 Million to reach the solvency requirements that would allow it to meet the regulatory solvency requirements and be fully regulated.