Solvency II has been underway since the adoption of Solvency I back in 2002. It is slated to become law in October of this year and go into effect, in part, in January of 2013.

In 2000, the European Commission initiated a fundamental and wide-ranging review of the overall financial position of insurers, the Solvency II project. The Commission has now almost reached the first ...

A proposal to calculate the minimum amount of capital an insurance company must hold under the Solvency II directive, as a percentage of a risk-based measure used largely for a firm's own calculations ...

Under . Solvency II, insurers will need enough capital to have 99.5 per cent confidence they could cope with the worst expected losses over a year. ... If an insurer gets close to the MCR, ...

Solvency capital requirements (SCR) are EU-mandated capital requirements for European insurance and reinsurance companies. The SCR, as well as the minimum capital requirement (MCR), are based on ...

Solvency II looms over Europe’s insurance industry, which is battling to meet compliance obligations that will boost costs, enforce transparency, lay down strict capital requirements, and push firms ...

As is well-known, under the Solvency II regime the capital requirements for insurers will consist of a minimum capital requirement and a solvency capital requirement, supplemented by an 'own risk and ...

Eight per cent (10) fail to meet the MCR in the inflation scenario.”The insurance groups and companies that did not meet the Solvency II MCR threshold showed a solvency deficit of €4.4 billion ...

With just under 15 months from the implementation of the new, European Union-wide insurance regulatory regime Solvency II on 1 January 2016, many firms, large and small, still have much to do to ...

The implementation of Solvency II could result in a minimum capital requirement increase of 62% for United Kingdom insurers, according to EMB, a UK-based actuarial consulting firm.EMB studied 49 ...