They said it…

The initial response to Solvency II has been positive, but tempered with caution regarding the political process that will now get underway. We take a look at some of the comments from the industry in a Solvency II special of “They said it”.

“Solvency II will transform the supervision of insurance companies across Europe and be a catalyst for significant improvements in the management and assessment of risk. Solvency II will also bring a much more open market, with the removal of arbitrary restrictions and barriers to trade across the single market, and a far more streamlined approach to the supervision of cross-border insurance groups.”