Internal model key to insurers' infrastructure investments, says Fitch
The future ability of insurance firms to invest in infrastructure projects is likely to depend on whether they use internal models to determine their Solvency II capital requirements, and can persuade regulators that infrastructure investment merits lower capital reserves, according to ratings agency Fitch.
Insurers operating under Solvency II will be able to use a standard formula or, if they have more sophisticated risk modelling, an advanced approach that would need to be approved by a regulator.
Acco
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