Bermuda commercial insurers in line for Solvency II compliance

A report from the European Insurance and Occupational Pensions Authority has endorsed key aspects of Bermuda’s commercial insurance and reinsurance regulatory regime as meeting the criteria of Solvency II, the Bermuda Monetary Authority said Friday. More…

Bermuda takes one step closer to equivalence with Solvency II

Bermuda has taken a step closer to equivalence with the European Union’s upcoming Solvency II risk-based capital regulatory regime, with the European Insurance and Occupational Pension Authority endorsing key aspects of the country’s insurance and… More…

Europe: Solvency II to drive insurance mergers and acquisitions in 2015, experts say

Experts have said that the European Union’s Solvency II rules could drive mergers and acquisitions among the 5,000 insurers in the region in 2015, reports Reuters. More…

Low interest rates, Solvency II keep pressure on insurers, reinsurers: S&P

LONDON — A prolonged period of low interest rates in many economies of the world will continue to add to pressure on insurer and reinsurer earnings in the near term, according to Standard & Poor’s Corp. More…

Hungary: Central bank finds insurers at lower risk in complying with Solvency II

The National Bank of Hungary has found in a study that insurers in the country are at lower risk in complying with the Solvency II directive, the Budapest Business Journal reports. More…