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U.K.-based Fitch Ratings Ltd. has said that Solvency II (S2) will increase demand for reinsurance products as European insurers attempt to strengthen their capital position through risk transfers.” More…
The chair of a House of Representatives subcommittee expressed skepticism about the covered agreement reached between the United States and the European Union to address the U.S. lack of equivalency related to the bloc’s Solvency II directive for the insurance industry. More…
The European insurer and reinsurers federation, Insurance Europe, said that the conservativeness of Solvency II and its tendency to treat insurers like traders instead of long-term investors could harm consumers, long-term investment and the economy, Romanian Insurance 1asig.ro reports. More…
The United States and the European Union have reached a covered agreement deal aimed at addressing the U.S. More…