Ceiops considers future of Solvency II

Ceiops has announced that it is looking at the lessons to be learnt from the current financial crisis for the future of the Solvency II regime. The adviser to the European Commission said the current financial crisis has vindicated the risk-oriented approach adopted by the Solvency II project but it adds that the “unprecedented” nature of the crisis calls on it to reflect on the lessons for the proposed regime.