Insurance risk manager of the year: RSA

Risk awards 2012

Jon Mcdonald
Jon Macdonald

The deadline for Solvency II implementation has long been a moving target – and European legislators agreed last year to give insurers an extra year to comply, with the regulation now due to come into full effect from 2014. Even then, some participants say implementation will be a struggle, with much of the detail still to be ironed out. The European Parliament announced in December that it would delay a final vote on the Omnibus II rules – a crucial step before more detailed guidance can be agr