Solvency II proves popular with insurers


The survey prompted more responses than ever - up 100% on QIS 2 - and most EU countries with a market share above 60% participated. "There were some surprises, but we were pleased to see the new regime will not require any additional capital to be held by the industry, an issue that had been a major concern for many insurers," says Bryan Joseph, business leader of PricewaterhouseCoopers' actuarial insurance practice in London.

Op risk requirements were flagged as one of the areas needing more

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