Solvency II legislation - Insurers relieved as EU regulators pull back
Wednesday, 11 November 2009 | 
Finance - Banki...
Big European insurers breathed more easily on Wednesday after the sector’s regulators reined back from a very conservative interpretation of the new capital regime, which companies claimed could have required them to raise billions of additional euros unnecessarily.
In a letter to the European Commission, the Committee of European Insurance and Occupational Pensions Supervisors said it had “carefully considered” comments from the industry, advisers and Brussels itself.
As a result, Ceiops claimed, it had “provided solutions” aimed at ensuring its advice was in line with the original “Solvency II” legislation. This was passed this year and radically overhauls the way in which the amount of capital insurers have to hold is calculated.
Source: FT
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Comments
A Critical View on the New Solvency Regulations
Michel M. Dacorogna
How life insurance companies can affect financial stability
Riksbank Sweden
Solvency II and reinsurer ratings
Munich RE
(definitive, as you would expect) also see this from Munich RE - very interesting
Solvency II - A briefing for the Chief Investment Officer
Executive Summary
This paper has been prepared for J.P.Morgan Asset Management
by Institutional Investment Advisors Limited
ASYMPTOTIX - Solvency II
LINK