Solvency II on the horizon
Impact on the run-off market may have wider implications for non-life insurers
The European Solvency II initiative proposes a risk-based approach to calculate regulatory capital. Although article 4 of the directive infers that run-off business may well be exempt from the new regulation, any lighter touch which “pure legacy” companies may enjoy will still have significant implications for insurance groups.
In this piece we look at how insurers are likely to handle their legacy business going forward, the benefits of their decisions, and the effects these movements will have on the market.
For further information, download our publication Solvency II on the horizon (PDF, 95 KB)
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