The European insurance industry sees the planned revision of the Solvency II delegated regulation as an opportunity “to address excessive conservatism and volatility in the prudential framework” in the EU. A public consultation launched on 18 July by the European Commission on this revision will close on Friday 5 September.
“The Solvency II review is a test of the EU’s growth and competitiveness ambitions. European insurers want to contribute to achieving them, but compared to...