Solvency II - Be Prepared, Be Very Prepared

Mondaq Business BriefingUnited Kingdom Law Articles in English (2010)

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Solvency II - Be Prepared, Be Very Prepared

31 October 2012 may seem a long way off, but for insurance firms the clock is ticking and 2010 represents a key year of preparation.

Solvency II was adopted on 5 May 2009 and will 'go live' on 31 October 2012, replacing Solvency I. It will apply to all insurance and reinsurance firms with gross premium income greater than €5m, or gross technical provisions greater ...

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