Denmark to introduce Solvency II shocks to insurer capital requirements
Firms warn regulator against setting an unduly ambitious timeframe for implementing new standard methodology
The Danish insurance regulator is set to tighten the rules for calculating insurers' solvency capital requirements, in a move to aid the transition to the Solvency II regime.
Finanstilsynet, the Danish Financial Supervisory Authority (FSA), will unveil on Friday a draft plan to introduce in 2014 a standard solvency capital methodology for insurers.
The technical specifications of the new standard will be in line with those used in recent Solvency II quantitative impact studies.
Danish insurers
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