Solvency II QIS5 revealed
The results of the quantitative impact assessment 5 for Solvency II are in and it is bad news for Europe’s small insurers. The regulator highlighted the strong capital position of the market but as Vic Wyman explains insurers still have plenty to be concerned about.
Many of Europe's small insurers must now be pondering how to avoid their demise, after they failed to prove they would have enough capital under the Solvency II supervisory regime in its quantitative
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