Solvency II
WHAT IS THIS? Europe’s Solvency II directive came into effect in 2016, putting risk at the heart of a harmonised prudential framework for insurance firms. Similar in outline to the banking industry’s Basel standards, Pillar 1 sets out quantitative requirements; Pillar 2 tackles risk management and governance; Pillar 3 addresses transparency, reporting and public disclosure.
Denmark to introduce Solvency II shocks to insurer capital requirements
Firms warn regulator against setting an unduly ambitious timeframe for implementing new standard methodology
Early-warning indicators needed to address failings in Solvency II - PRA chief
Effective and prudent solution needed on Solvency II matching adjustment, says Bailey
New Dutch capital requirement 'conceptually flawed' warn insurers
Life insurers’ capital position to be gauged against capital standard calculated using Solvency II shocks
Solvency II volatility balancer ‘will fail to immunise insurers’
Calls for new dampener on capital requirements amid disagreement over Eiopa’s figures
Eiopa ‘politically naive’ to scrap national vetoes on long-term guarantees package
Agreement on Omnibus II more difficult if opt-outs removed, warn experts
LTGA proposals set to stoke divisions between insurers and lawmakers
Concerns that Eiopa's proposals will not work and could delay Solvency II
Insurers call for more transparent infrastructure investments
Structuring and regulation of assets frustrating investment, say market participants
Swedish insurers warn of manipulation threat to new discount curve
Concerns Solvency II-based risk-free curve could be distorted by speculators as market begins to adjust ALM hedges
Fears volatile model warning indicators could lead to unjustified action
UK regulator urged to reconsider proposed early-warning indicators to reflect better changes in economic conditions and not penalise insurers’ de-risking strategies
Life and Pensions Nordics: Insurers call for clarity on interim measures
Swedish regulator will not make guidelines legally binding on firms
Life and Pensions Nordics: Interim measures 'not undemocratic' – Eiopa
Guidelines 'necessary for convergence' but fears of two-speed implementation
Life and Pensions Nordics: regulators and insurers must respond to guarantees challenge
Solvency II must support long-term guarantees but insurers must develop simple products, says Nordea Life and Pensions CRO
Bernardino calls for dramatic extension of Eiopa's powers
Let Eiopa levy fees on insurers and carry out direct supervision, argues chairman
Shadow bank reforms ‘should prompt review’ of Solvency II money market fund charge
Treat regulated money market funds more like banks deposits, says top law firm
Risk-managing the next generation of savings products
Risk-managing the next generation of savings products
Solvency II interim measures a 'win-win' for insurers and supervisors - Bernardino
Guidelines necessary to achieve convergence and improve quality of preparations, says Eiopa chairman
UK annuity providers review credit risk strategies
Balancing act
The infrastructure investment challenge for insurers
Financing the growth agenda
UK regulator right to retain flexibility to force changes on internal models
Head of the PRA plans to use early warning indicators in supervisory work, notwithstanding the risk of EU challenge
Signs of recovery despite uncertainty
Sponsored forum: Luxembourg
Libor/OIS spread challenges insurers' risk management programmes
Spread carefully
Van Hulle: Long-term investment agenda must not side-track Solvency II
Political focus on promoting long-term finance could be detrimental to insurance industry, warns European Commission's former Solvency II leader