Solvency II is the updated set of regulatory requirements for insurance, reinsurance firms that operate in the European Union. It is scheduled to come into effect on 31 Dec 2012.
The framework’s primary goals are to facilitate the development of a single European market in insurance services and provide an adequate level of consumer protection. Among other objectives, it seeks to improve product development and pricing, increase the transparency of risk reporting, raise industry standards of risk management, and upgrade companies’ internal controls.
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Aon Benfield, the world’s premier reinsurance intermediary and capital advisor, today launches a new report that examines the many different facets of the Solvency II framework ahead of the scheduled 2012 inception of the protocol. The 63-page study, Solvency II for Reinsurance Mangers, provides a comprehensive overview of the European…
Jun 30, 2010
In "Aon"
Increasing mergers and acquisitions activity, low interest rates and regulatory changes are some of the opportunities and challenges in focus for insurers and reinsurers. Swiss Re puts capital and expertise to work, proposing solutions that will support its clients in dealing with the issues ahead. Stefan Lippe, Chief Executive Officer,…
Sep 13, 2010
In "Brian Gray"
US state regulators are concerned about pressure to measure up to a standard that has not even been implemented yet, in impending European directive Solvency II. At Reactions’ Risk and Capital Management conference in New York on September 29 panellists said regulators worldwide should work together not “jump through hoops”…
Oct 7, 2010
In "CEIOPS"
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