Solvency II - The Way Forward

13 October 2014
View Client Update
  1. EU Commission adopts Solvency II implementing measures including:
    1. rules for the market consistent valuation of assets and liabilities;
    2. rules for the eligibility of insurers’ own fund items;
    3. the methodology and calibration of the Minimum Capital Requirement (“MCR”) and the Solvency Capital Requirement (“SCR”);
    4. reporting and disclosure requirements;
    5. the organization of (re)insurers’ systems of governance;
    6. rules relating to insurance groups; and
    7. criteria for supervisory approval of SPVs taking on reinsurance risk.
  2. Reduced capital charges for securitized assets.