As the world’s second largest insurance market, the US should be enjoying a soft ride when it comes to Solvency II equivalence, particularly as it possesses a developing risk-based solvency regime that would see it become a highly suitable candidate for the process. But the road to equivalence may be a bumpy one for the US.
Following a number of years of cold relations between the US and the European Union (EU), observers say the financial crisis has ‘broken the ice’ between the two parties. Yet
The week on Risk.net, December 2–8, 2017Receive this by email