Level 1: Framework Directive, Level 2: Implementing Measures (Commission), Level 3: Convergent implementation assisted by close cooperation between national authorities, Level 4: Rigorous enforcement of Community legislation by the Commission...

The process; A case for EU action; IGS in MS of the EU/EAA; Design Features; The outcome: What size?...

Solvency II is the new regime that regulates the solvency requirements for EU insurers and reinsurers. Solvency II aims to reduce the risk that an insurer would be unable to meet claims, to provide early warning to supervisors so that they can intervene promptly if capital falls below the...