Solvency II’s 1 January 2013
deadline should be extended by a year, believe 60% of delegates
from European insurers who recently attended a conference organised
by reinsurance broking company Aon Benfield. Only 31% of the
delegates did not want to see the starting date delayed and are
working towards the January 2013 deadline. The remaining 9% thought
“maybe” the regime should be delayed.

Aon Benfield pointed out that
in any event a delay to the current deadline may emerge because
Omnibus II, which modifies the original directive of Solvency II
published in April 2009, must firstly be passed into legislation
before the European Commission can formally adopt the regime’s
implementing measures and implementing guidance.

Go deeper with GlobalData

Premium Insights

The gold standard of business intelligence.

Find out more

In addition, all of these
components have to be passed into legislation following the
required consultation periods ahead of Solvency II.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.