This paper has been prepared to provide an outline of the Solvency II framework. It starts with an overview of the regime, recognizes the strategic benefits of the regime and throws light on the directive’s implications on the global insurance industry.

The Solvency II Directive is a world-leading standard that requires insurers to focus on managing all of the risks facing their organization. It offers European insurers a real opportunity to improve their risk adjusted performance and operational efficiency, which is likely to be good news for policyholders, for the insurance industry, and the European Union (EU) economy as a whole.

Solvency II is not only on the radar of insurance companies in the EU, but also on those across the globe. The world is watching to see how the EU transforms its insurance industry and implements risk-based improvements to protect policyholders. At the same time, shareholders are also likely to reap benefits. And while it may seem far enough away, much still needs to be accomplished to accommodate the vast changes and potential impact to insurance companies, governments, and rating agencies within the EU and beyond.

Download Solvency II A closer look at the evolving process transforming the global insurance industry.