Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-10-13-Speech-4-154-906"
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"en.20111013.19.4-154-906"2
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"The introduction of an insurance guarantee scheme will enable the confidence of the public to be boosted by guaranteeing them against the potential bankruptcy of an insurer. A series of preventative measures designed to avoid insurer bankruptcy are at issue, along with a range of guarantee measures intended to protect policyholders if such a bankruptcy were to occur. Also important are the need to prevent abuses in the conclusion of insurance contracts, the need to ensure consumers are treated equally, irrespective of the ‘home’ country of the insurer, and the concern with preventing the taxpayer from bearing the costs of insurer bankruptcy. As such, and because I believe it is important in the current context to ensure the risks faced by policyholders are reduced, I voted in favour."@en1
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