Basel II principles can fit insurers, UK regulator says

INSURANCE

LONDON -- UK regulators believe the principles of risk-based regulation embodied in the Basel II bank pact can be applied successfully to insurance companies, the UK’s chief financial regulator said in July.

Insurance companies are different from banks, but the "conceptual framework" of the risk-based Basel II bank capital adequacy accord can fit insurers, UK Financial Services Authority (FSA) chairman Howard Davies said at the FSA’s annual meeting in London in July. The FSA is the UK’s

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