Omnibus II agreement puts Solvency II back on track

Europe map

European policy-makers closed on Wednesday evening a critical and long-awaited agreement on the directive to amend Solvency II, clearing the way for a 2016 implementation of the risk-based capital regime.

It took trilogue parties eight hours to hammer out the details of the measures for long-term guarantee (LTG) business and the equivalence of third countries, which have been holding agreement on the Omnibus II directive back for months.

The calibrations are more generous than what was recommend

To continue reading...

You must be signed in to use this feature.

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 indvidual account here: