European insurers must be ready for swings as Solvency II launch looms

Insurers and regulators have said that European insurers and financial markets must be ready for bigger swings in regulatory safety buffers after new risk capital rules, known as Solvency II, come into force on Jan. 1, 2016, reports Reuters. More…

Scor expects reinsurance demand as Solvency II nears

Analysts at Canada-based RBC Capital Markets said that French reinsurer Scor S.E. expects increased and new demand for reinsurance from some of its large global clients as the implementation of Solvency II nears, reported Artemis.bm. More…

Watchdogs warn against overcomplicating Solvency II

Two European insurance watchdogs have warned insurers and national supervisors against overcomplicating the Solvency II rules for the insurance sector that will take effect in January 2016, reported Reuters. More…

Norwegian insurers given more flexibility in transitioning to Solvency II

Siv Jensen, finance minister of Norway, has said that insurers in the country will be given a more flexible transition to Solvency II framework than originally intended, reports Reuters. More…

Insurers progress towards Solvency II: Insurance Europe

A survey by Insurance Europe has found that majority of European insurers are making good progress in implementing the first two pillars of Solvency II risk-based capital regulatory regime, reported 1asig.ro. More…