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Insurance buyers worried about Solvency II
12 March 2010
The Federation of European Risk Management Associations (Ferma) has voiced concerns about the effect Solvency II and capital requirements put forward by the Committee of European Insurance and Occupational Pensions Supervisors will have.
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ferma
Committee of European Insurance and Occupational Pensions Supervisors
ceiops
Federation of European Risk Management Associations
solvency ii
The Federation of European Risk Management Associations (Ferma) has voiced concerns about the effect Solvency II and capital requirements put forward by the Committee of European Insurance and Occupational Pensions Supervisors (Ceiops) will have on medium and large European businesses.
“The main goal of Solvency II is to protect policyholders’ interests, and we represent the largest policyholders in Europe,” ” said Peter den Dekker, president of Ferma. “We have serious concerns that excessive levels of capital requirements as they are currently stated by Ceiops will affect the availability of insurance cover for medium and large European businesses.
“The fact that insurance companies are concerned that they will have to...
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