QIS 4 and the Italian insurance industry

Solvency II Special Report: Comment

The Italian insurance industry welcomed the Solvency II project and has strongly supported it from the start. The general aims - clearly stated by the European Commission - are of prime importance to Italian insurers: more effective protection of policyholders, enhanced risk sensitivity for capital requirements, greater harmonisation of rules, more consistency in rules between different segments within the financial industry, more efficient supervision of groups, and greater incentive for risk

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