EU Seeks To Strike 'Balance' On Solvency II Rule Changes

Law360, London (January 29, 2020, 1:03 PM GMT) -- A review of Europe’s rules on minimum levels of reserves for insurance companies is “not just a technocratic exercise,” the European Commission’s top finance chief said Wednesday, as insurers warned the authority against making substantial changes to the laws.

Valdis Dombrovskis, executive vice-president of the European Union's executive body, said it was necessary to bring the Solvency II Directive up to date because of the potential for financial losses from cyberattack or environmental catastrophe.

He was speaking about the review of the 2016 law at a conference in Brussels, where insurers voiced concerns about whether the European Insurance and Occupational Pensions Authority was...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.

  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!


Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!