The economic view

With Solvency II now at least two years away, European insurers have been moving their focus away from compliance and getting on with running their businesses, taking the decisions that make economic sense rather than being paralysed by regulatory uncertainty.

This has meant taking advantage of the two-year-plus window of opportunity to invest in new asset classes, such as social housing. They are also putting their economic capital models under the microscope, using the time to enhance their un