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Moreover, although insurers lost some capital during the initial stages of the economic crisis, claims were paid, and, with one notable exception, no companies went under and very few, mainly life insurers, had to rely on state aid.
"Fog in channel - continent cut off" was a regular weather forecast in Britain in the s. Is there fog between Britain and mainland Europe now? Metaphorically. Exploring Britain's Relationship with Europe - Kindle edition by Tom Sykes, Simon like bookmarks, note taking and highlighting while reading Fog in Channel.
But he admitted that the industry needs to work a lot harder to convince the politicians to separate regulations for insurers from the banks. The London market has an additional concern besides Solvency II.
The EC, which now features Mr. Barnier, has been pushing regulations for the subscription market that would alter many of its established business practices, notably that the following market obtains the same premiums as the lead underwriter. Others have tried to duplicate it, notably in New York and Frankfurt, without success. The arguments — pro and con — are complex, as is the market itself. As in the past, these two old rivals both need one another.
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Examples include breakfast , topless sunbathing and, historically, long-range driving before Britain had motorways often known as Grand Touring. Britain is physically connected to continental Europe through the undersea Channel Tunnel the longest undersea tunnel in the world , which accommodates both the Getlink passenger and vehicle use — vehicle required and Eurostar passenger use only services. This route is popular with refugees and migrants seeking to enter the UK. Especially in Germanic studies , continental refers to the European continent excluding the Scandinavian peninsula , Britain, Ireland, and Iceland.
The reason for this is that although the Scandinavian peninsula is attached to continental Europe, and accessible via a land route along the 66th parallel north , it is usually reached by sea. Kontinenten "the Continent" is a vernacular Swedish expression that refers to the area excluding Sweden, Norway, and Finland but including Denmark even the Danish archipelago and the rest of continental Europe.
In Norway, similarly, one speaks about Kontinentet as a separate entity, usually referring to Germany, France, Italy, Spain, Portugal, the Benelux countries, and such. The Continent may sometimes refer to the continental part of [Italy excluding Sardinia , Sicily , etc.
The term is used from the perspective of the island residents of each country to describe the continental portion of their country or the continent or mainland as a whole. From Wikipedia, the free encyclopedia. For the whole of the European continent including its islands, see Europe. For other uses, see Continent disambiguation.
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