Investors wrong-headed on solvency ratios – Bernardino
Gabriel Bernardino, chairman of Eiopa, says markets must adapt to naturally volatile metrics
Investors are misunderstanding the role of the solvency capital requirement (SCR), part of the impending Solvency II regime, according to European Insurance and Occupational Pensions Authority (Eiopa) chairman Gabriel Bernardino, while insurers are guilty of adding to the confusion.
Analysts are making arguments "as if a company that had a solvency ratio of 100% would be insolvent", he said, speaking at the Conference of Global Insurance Supervision in Frankfurt on September 8. "That is
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