European insurance companies will have to hold less equity capital to invest in small and medium-sized enterprises, according to a proposal for a Delegated Regulation presented by the European Commission on Friday 8 March.
The legislative proposal amends the Delegated Regulation (2015/35) supplementing the Solvency II Directive (2009/138/EC) which regulates the insurance and reinsurance markets. In particular, it introduces certain prudential criteria that will reduce capital requirements...