Delivering Solvency II

Overview

Solvency II will set out new, stronger EU-wide requirements on risk management
and capital adequacy for insurers with the aim of increasing protection for
policyholders. The strengthened regime should reduce the possibility of consumer
loss or market disruption in insurance, and should also make it easier for firms and groups to do business across the European Union (EU), by replacing the current disparate local solvency requirements established to supplement Solvency I with more consistent requirements.