A proportionate response – captives argue against Solvency II

Kept captive

fish

Trawlermen and insurance risk managers rarely find themselves facing the same problems during the working day, but away from dealing with raging seas or complex mathematical models both groups have complained about proportionality. Or to be exact: its absence.

Proportionality (see below) is a keystone of the European project. Put simply, European Union (EU) legislation applies unless the impact on an entity would be in excess of the legislation's intentions. For open beam trawler men, whose

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here