Solvency II to change insurers’ perspective on risks: Bulgaria exec

Tsvetanka Krumova, chief executive of Bulgaria-based JSC Armeec Insurance, has said that the Solvency II directive would significantly change insurers’ attitude towards the risks they cover, reports Standart News. More…

Europe: Solvency II drives insurers to tap sub bond market

Insurers in Europe are raising capital from subordinated bond markets to strengthen themselves ahead of regulatory moves, reports Reuters. More…

European insurers’ gross written premiums reach $1.47 trillion in 2013

The gross premiums written by European insurers in 2013 totaled €1.119 trillion ($1.470 trillion), a 2.7% increase over the previous year, according to statistics published Monday by Insurance Europe, but impacts loom from upcoming Solvency II rules. More…

European insurers say Solvency II could hurt their role as long-term investors

European insurers have said that Solvency II could affect their role as long-term investors, reported Bloomberg. More…

European Commission lowers proposed Solvency II charges

A final draft presented to E.U. member states reveals that the European Commission has lowered capital charges for insurers investing in securitization, reports Reuters. More…