Solvency II goes global

Solvency II, even before it goes live, is having an impact far beyond the 30 European countries it applies to. Three countries have applied for equivalence with the EU regime, eight others are interested in the transitional equivalence provisions and other countries are adopting some of the principles of Solvency II, as Lorna Davies reports


South Africa, Israel, China and others keen on transitional equivalence

Eiopa says only Bermuda, Switzerland and Japan likely to gain SII equivalence by 2014


China's P&C industry set for long-term growth

But will slow in 2012, says Moody's


Brazil's economy fuels growing insurance market

Non-life premium increased 16% in 2011


Lloyd's emerging markets expansion could be risky

Fitch points to last year's Asia-Pacific losses


Asia seeks to marry best of Solvency II with local insurance needs

Some large Asian insurers are raising the level of their risk and capital management to reflect key elements of Solvency II but in its detail the directive represents a European framework and may not fit all requirements of Asian markets, as Graham Handy, Philip Rodd, Russel Lok and Sumit Narayanan explain


Pru benefits from strong performance in Asia

Standard Life boosted by Canada


Thai floods compound losses for reinsurers

New national catastrophe fund won't help them either, says Moody's


Pension fund assets reach $28trn

They grew 4% in 2011, according to Towers Watson


Brazil's regulation under fire

Trade groups question reinsurance protectionism after 2011 cats