US insurers eye Solvency II impact

Many US insurers are wary of the potential impact from Europe’s new Solvency II rules, according to the results of a recent survey. The 18 member companies of the Group of North American Insurance Enterprises (GNAIE), interviewed by Teradata Corp, said there was concern that the new rules could put US insurers at a disadvantage with their European peers, who stand to benefit from lower capital charges in return for stronger risk management.