The Committee of European Insurance and Occupational Pensions Supervisors (CEIOPS) has recently published its final set of advice on Solvency II Level 2 Implementing Measures and the first consultation on Level 3 Guidance.
Read MoreOn 2 July 2009, the Committee of European Insurance and Occupational Pensions Supervisors (CEIOPS) released their second set of advice on Solvency II Level 2 implementing measures. The first set of advice was released on 26 March 2009 and the third and final set of advice is expected in November 2009.
Read MoreCEIOPS, the Committee of European Insurance and Occupational Pensions Supervisors, has published a report on securitisation in the insurance sector.
Read MoreOn 22 April 2009 the European Parliament approved the proposed Solvency II directive. This brings implementation of the regime in October 2012 another step closer.
Read MoreIn light of the current financial crisis, the CEA, the European Insurance and Reinsurance federation, has stressed the importance of reforming the regulation and supervision of the financial services industry. The CEA suggested that the crisis suffered within the financial markets has had a lesser impact on the insurance industry and, for that reason, most insurers do not require the same state assistance that has been provided to the banking industry. It also warned against over-regulation.
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