Strategic Implications: Consequences And Opportunities Arising From Solvency II

Introduction

Solvency II is the forthcoming risk based capital adequacy directive for European insurers. It is based on a 'three pillar' solvency supervisory regime akin to Basel II and seeks to introduce new rigour and risk sensitivity to the quantification of regulatory capital as well as incentivise enhanced risk management and market discipline.

But who will Solvency II impact and what are the strategic implications of the European wide directive?

The ramifications of Solvency II are widespread and we can perhaps best outline the future changes to the industry by c...

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