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Europe Daily Bulletin No. 9480

1 August 2007
Contents Publication in full By article 22 / 28
GENERAL NEWS / (eu) eu/insurance
Mutual and cooperative insurance sector call for their special characteristics to be taken into account in Solvency II directive

Brussels, 31/07/2007 (Agence Europe) - The International Association of Mutual Insurers (AISAM) and the Association of European Cooperative and Mutual Insurers (ACME) have published their position on the draft directive Solvency II (see EUROPE 9464 and 9465). This legislative proposal is based on three pillars: - setting minimum capital requirements based on the economic assessment of the risks run by insurance companies; - increasing cooperation between national regulators responsible for...

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