Solvency II: Reasonable Expectations

  • Karel Van Hulle
Chapter

Abstract

Solvency II required many years and a lot of discussions to acquire its present form. The final text was also heavily influenced by the financial crisis. This chapter looks at key aspects of the negotation of Solvency II. It then looks at the implementation of the new risk based solvency framework. It concludes by looking at likely future developments.

Keywords

Solvency II Insurance industry Framework Protection 

References

  1. Balz, B. (2014, March 31–April 1). Lessons learnt from Solvency II more rules than principles. Eurofi Newsletter.Google Scholar
  2. Bernardino, G. (2014, March 31–April 1). Infrastructure projects—Improved data is needed to support the reassessment of risk. Eurofi Newsletter.Google Scholar
  3. Bernardino, G. (2015). EIOPA and supervisory convergence—The beginning of a new journey, Frankfurt, 18 November. Retrieved from https://eiopa.europa.eu/Publications/Speeches%20 and %20presentations/2015-11-18%20EIOPA%20Annual%20Conference.pdf
  4. EIOPA. (2014). Insurance stress test report 2014, EIOPA-BoS-14-203, 28 November. Retrieved from https://eiopa.europa.eu/Publications/Surveys/Stress%20Test%20Report%202014.pdf
  5. EIOPA. (2015). Final report on consultation paper no. 15/004 on the call for advice from the EC on the identification and calibration of infrastructure investment risk categories, EIOPA-BoS-15-223, 29 September. Retrieved from https://eiopa.europa.eu/Publications/Consultations/EIOPA-BoS-15-223%20Final%20Report%20Advice%20infrastructure.pdf
  6. EIOPA. (2016a). Discussion paper on the review of specific items in the Solvency II delegated regulation, EIOPA-CP-16/008, 5 December. Available at: https://eiopa.europa.eu/Publications/Consultations/EIOPA-CP-16-008_Discussion_Paper_on_SII_DR_SCR_Review.pdf
  7. EIOPA. (2016b). EIOPA’s insurance stress test 2016: Recommendations, EIOPA 16/297, 15 December. Retrieved from https://eiopa.europa.eu/Publications/Surveys/EIOPA-BOS-16-297-Insurance%ST2016%Recommendations.pdf
  8. EIOPA. (2016c). EIOPA insurance stress test report 2016, EIOPA 16/302, 15 December. Retrieved from https://eiopa.europa.eu/Publications/Surveys/EIOPA-BOS-16-302%20Insurance%Stress%20test%202016%20report.pdf
  9. EIOPA. (2016d). Report on long-term guarantees measures on equity risk 2016, EIOPA BoS-16/279, 16 December. Retrieved from https://eiopa.europa.eu/Publications/Responses/EIOPA-BOS-16-279_LTG Report_2016.pdf
  10. European Banking Federation. (2007). Review of the Lamfalussy process: A success to be further improved, Brussels, 3 December.Google Scholar
  11. European Commission. (2001). Final Report of the Committee of wise men on the regulation of European Securities Markets, 15 February 2001. Retrieved from https://europa.eu/internal_market/securities.docs/lamfalussy/wisemen/final-report-wise-men_en.pdf
  12. Lowet, L. (2016). European Solvency II Law (p. 937). Antwerp: Knopsbooks.Google Scholar
  13. Montalvo, C. (2014, March 31–April 1). The (re-)calibration dilemma. Eurofi Newsletter.Google Scholar
  14. Zolkos, R. (2007, September 16). The song of solvency. Business Insurance.Google Scholar

Copyright information

© The Author(s) 2017

Authors and Affiliations

  • Karel Van Hulle
    • 1
    • 2
  1. 1.KU LeuvenLeuvenBelgium
  2. 2.Goethe University FrankfurtFrankfurtGermany

Personalised recommendations