Solvency II – an Introduction
Solvency II – What is it? After years of managing risk, finding that current risk management strategies will not meet the requirements of Solvency II for whatever reasons has come as a bit of a surprise to some insurance companies. Solvency II is a fundamental review of the capital adequacy regime for the European insurance […]
Read MoreSolvency II – the Main Issues
Solvency II is trying to achieve both a consistent and comparable regime across the EU and also a level playing field for insurers so that they will compete on an equal footing in the different Member States. To achieve this, the views of regulators, finance ministries, tax regimes, industry competitors and consumer groups have […]
Read MoreSolvency II – Potential Delays
Since the Treaty of Lisbon, Solvency II has been modified adding more complexity to the process. Not only is the substance of Regulation still under review but also the existing procedures embedded in the Lamfalussy process have had to be revised and rewritten. Solvency II was originally constructed around the 4 level Lamfalussy process. […]
Read More
