Scor looks to Solvency II

philippe-trainar

While the banking industry and its regulators hurry to reform in the wake of the financial crisis, the Solvency II capital rules for the insurance sector are stuck in a pre-crisis world. Philippe Trainar, the new chief risk officer at French insurer Scor, argues the regulators behind Solvency II – the Committee of European Insurance and Occupational Pension Supervisors (Ceiops) and the European Commission (EC) – have ignored many of the issues thrown up by the crisis, and the rule