Click on each country to view Solvency II information on that country and a selected list of news and analysis.
After more than ten years in the making, Solvency II has finally come to life. From 1 January 2016, insurers across Europe have been subject to the same set of regulations, even if they answer to different national supervisors.
Firms can seek approval from supervisors to use optional elements of the regulatory framework, such as internal models (IMs), undertaking specific parameters (USPs), adjustments to the discount curve – the volatility (VA) and the matching adjustment (MA) – and transitional measures. These measures impact the valuation of the liabilities as well as the calculation of the solvency capital requirement.
The interactive map on the left shows how many firms are using the optional elements and/or whether there is a high, medium or low take-up in each country.
The information is from an InsuranceERM survey of national supervisory authorities. We will update the map regularly. Please contact us if you have any comments.
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