X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

The new Solvency II regulations for insurers domiciled in the European Union–which will use a three-pillar approach to determine and supervise implementation of capital requirements–don’t take effect until 2012, but already U.S. carriers and regulators are considering the impact on foreign reinsurers and domestic oversight.

The three “pillars” of Solvency II will establish rules for an EU carrier’s financial resources, define the principles of the supervisory review process and incorporation of enterprise risk management, and increase disclosure and transparency.

Want to continue reading?
Become a Free
PropertyCasualty360 Digital Reader.

INCLUDED IN A DIGITAL MEMBERSHIP:

  • All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
  • Educational webcasts, resources from industry leaders, and informative newsletters.
  • Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.

Already have an account?

Dig Deeper

 

PropertyCasualty360

Join PropertyCasualty360

Don’t miss crucial news and insights you need to make informed decisions for your P&C insurance business. Join PropertyCasualty360.com now!

  • Unlimited access to PropertyCasualty360.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including BenefitsPRO.com, ThinkAdvisor.com and Law.com
  • Exclusive discounts on PropertyCasualty360, National Underwriter, Claims and ALM events

Already have an account? Sign In Now
Join PropertyCasualty360

Copyright © 2022 ALM Global, LLC. All Rights Reserved.