Europe’s insurers prepared for Solvency II, report

Europe’s insurers are more prepared for Solvency II than first thought according to the results of a new survey by Accenture. Half of Europe’s insurers have begun a formal programme to address the European Commission’s Solvency II project and a further 24% said they were planning to begin a programme. And in over 30% of cases such programmes were being driven by a member of the board of directors of a member of the executive committee.