solvency ii


Montalvo: 2016 more realistic for Solvency II

Once again the goal posts move in Solvency II world. Just over a week ago we wrote that it was unlikely we'd see implentation of Solvency II before 2015. Now, comments from Carlos Montalvo, Executive Director of the European Insurance and Occupational Pensions Authority (EIOPA) at an event held during read the full article →

Omnibus II vote delay confirms Solvency II implementation delay

A few weeks ago we wrote that the implementation of the Solvency II regulatory rules would be delayed after a new study was called for to look into and better understand the impact of Solvency II on insurers and reinsurers. At that time we had no idea whether the delay read the full article →

EU may delay Solvency II insurance capital rules to 2015

European Commissioner Michel Barnier, who is responsible for the implementation of the Solvency II regulatory rules, has proposed to halt the talks discussing the issue until a new study can be undertaken into the impact of Solvency II on insurers and reinsurers. The talks between European member states and the read the full article →

Solvency II, Basel III to encourage capital into reinsurance and insurance-linked sectors

Two upcoming changes to regulatory environments in insurance and banking within Europe are set to increase scrutiny of the sector from those with capital to deploy and could create unmissable opportunities to profit, which may never be seen again, was a conclusion of a roundtable discussion moderated by Opalesque. The roundtable read the full article →

Tighter regulation, increasing capital requirements, could give catastrophe bonds an edge

The insurers and reinsurers of this world are currently operating in a changing regulatory and legislative environment, with greater focus being placed on risk management, capital adequacy and risk capital requirements as rulemakers seek to ensure the industry is sufficiently shored up to cope with major events. The economic climate read the full article →

Capital requirements for catastrophes could increase under Solvency II & RMS V11

Reinsurance broker Willis Re has published an interesting report looking at the potential impact of the new RMS V11 risk model when used to calculate catastrophe exposures for European windstorm risks including storm surge. It's interesting to read as most of the focus to date has been on the impact read the full article →

Solvency II capital adequacy rules to increase transfer of risk to the capital markets

We've written a number of times about the impending Solvency II rules and what impact they could have on the insurance-linked security and catastrophe bond market. The general consensus is that the increased need for re/insurers to prove their capital adequacy will lead to a greater focus on risk transfer. read the full article →

European catastrophe bond market could grow due to economic climate

We covered two interesting insights from Aon Benfield's recently published ILS Second Quarter Update 2011 report last week when we wrote about the Aon Benfield ILS indices and the heightened interest in catastrophe bonds among Japanese insurers. A third insight from the report looks at the cat bond market in read the full article →

KPMG says pension buy-ins could be more difficult to price under Solvency II

KPMG reports today in a press release that the volume of pension buy-in deals in the UK has reached over £3 billion in the past year. Buy-ins see pension funds transfer some of their liabilities to the insurance market often with the sole purpose of offloading the longevity risk which read the full article →

Solvency II could result in a stronger, deeper insurance linked securities (ILS) market

Guy Carpenter have published their third in a series of publications looking at Solvency II and how re/insurers operating in Europe can prepare for the new regulatory regime, what issues may arise and any risks for cedents. The first report from the series can be found here, the second here. After read the full article →