Firebreaks and stable doors

Firebreaks and stable doors

Alexander Campbell

Regulatory reform keeps getting on to lists of the biggest challenges for the financial sector. Generally it’s fairly near the top – the sheer volume of regulatory change hitting the sector hasn’t slackened, with the implementation of the US Dodd-Frank Act and the revised Basel capital rules only the most obvious items on the list.

This month we’re looking at the counterpart rules for the insurance industry – Solvency II, designed to bring improved capital management and better awareness of

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