
The ECON vote on Omnibus II Directive scheduled to take place on 24-25 January 2012, has been postponed till later this year. The impact on the Solvency II timeline is as yet unclear.
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The ECON vote on Omnibus II Directive scheduled to take place on 24-25 January 2012, has been postponed till later this year. The impact on the Solvency II timeline is as yet unclear.
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Omnibus II ECON vote postponed & EIOPA announces a stress test for 2012.
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Do you understand exactly how much information Pillar III will reveal about your business? Victoria Raffé of the FSA argues that you don't.
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Stress and scenario testing must be preformed regularly under Solvency II. These will include reverse stress tests – effectively stress testing the business to destruction.
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Deutsche Bank & IIF reports, EIOPA equivalence consultation
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Equity prices, interest rates and sovereign debt are the main risks for the European insurance industry, according to the results of the latest stress test.
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Contents: Level 2 implementation, reporting & stress testing , market survey Markets and reporting key concerns for Level 2 The effect on markets and the reporting burden on insurers are among the main concerns expressed by respondents to the European Commission’s consultation on the Level 2 implementing measures for Solvency II. A summary of the...
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The FSA held a Solvency II Conference on 18 April 2011 in London, in which it outlined key outstanding issues and implementation strategies in the run up to the 2013 deadline. The message was clear: Solvency II is coming and we must be ready for it.
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Contents: CER and the budget; Solvency II and asset reallocation, captive insurance in Guernsey, stress test news CER and the budget The Government is likely to keep tax relief on Claims Equalisation Reserves (CER) under Solvency II but the situation remains foggy. Howard Jones, head of financial services tax at Mazars, told Post Magazine:...
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