Insurers Urge EU To Ease Capital Reserves Requirements
Law360, London (June 25, 2020, 2:46 PM BST) -- European insurers have urged the European Commission to water down capital adequacy rules for the industry as it prepares a sweeping review of the regime that imposes strict requirements on how much cash finance companies must hold in reserve.
Insurance Europe, a trade group representing the sector, set out its response on Wednesday to an assessment of the Solvency II Directive — introduced after the last credit crisis to ensure that insurers and banks are protected against financial shocks — that is under way.
The insurers have asked the commission, the European Union's executive arm, to relax the capital requirements after its...
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!