European life insurers expect private assets regulatory reform will boost allocations
Two thirds of an AlphaReal survey said that reform of legislation, including the Solvency II directive, supports greater allocation
Two thirds of an AlphaReal survey said that reform of legislation, including the Solvency II directive, supports greater allocation
EU insurance regulator Eiopa is planning to change the current Solvency II regulations to limit the ravages that super-low interest rates are having on the industry.
Solvency II is a step in the wrong direction that will keep some companies alive that would be better giving themselves a decent burial and consolidating themselves out of the market now, according to industry consultant Ned Cazalet.
Mifid II and Solvency II are the regulations asset manager think are most important this year, with data collection, enrichment and delivery identified as the most challenging areas.
A European pension watchdog has announced that it will conduct an EU-wide stress test of the region’s insurance companies – the first since the implementation of Solvency II.
Prudential has bumped the leader of its Solvency II programme up to the role of chief risk officer as well as making her an executive director on its board.
The UKs finance industry has been compromised in numerous ways by EU reforms, and has not done enough to protect its national interests, the Wealth Management Association (WMA) has said.
The European Commission is to delay the implementation of the Solvency II Directive for two years until 1 January 2016.
European insurance companies and asset management firms face a costly and arduous task in satisfying the requirements of the Solvency II regulations set to be implemented on 1 January 2014.
Jersey has decided not to implement any Solvency II, or equivalent, measures.
The Solvency II directive is likely to have a greater impact on cross-border life firms than thought