Solvency II Survey 2012
Insurers more concerned about achieving compliance with Solvency II than in 2011
As the industry progresses towards the Solvency II implementation deadline, a subtle change in insurers’ strategic focus and differing levels of preparation are coming to the fore.
This research has been conducted by the Economist Intelligence Unit (EIU) and identifies some interesting developments in insurers’ approaches to Solvency II, as well as highlighting the financial and business impact caused by the delay to full implementation.
Compared to last year, levels of confidence are highest among the largest insurers, and rise to nearly three-quarters of respondents when asked about their own ability to comply with Solvency II. The postponement of Solvency II milestones has come at a price for insurers with one third of respondents concerned about the additional costs of delays.
Read the full report to gain insight and data you need to enhance your understanding of where insurers are heading.