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Solvency II papers fill in gaps

03 July 2009

The Committee of European Insurance Supervisors (Ceiops) last night published 23 consultation papers addressing several areas of detail that were left open in the Framework Directive for Solvency II, which was approved in May this year.

Read more: Solvency II consultation papers Europe capital requirement standard formula

The Committee of European Insurance Supervisors (Ceiops) last night published 23 consultation papers addressing several areas of detail that were left open in the Framework Directive for Solvency II, which was approved in May this year.

The areas covered by these papers include additional detail on the calculation of insurance liabilities, calculation of the standard formula solvency requirements and eligibility...


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Quote

If last year was the year of the cat, then this year could be the year of the debt crisis.

Mike Van Slooten, head of international market analysis at Aon Benfield