1039 Search Results for
  • Assessment of Romanian insurance market – auditors selected

    03.03.2015
    In a press release on 18 February 2015 (the “Press Release”), the FSA announced that the process of selecting the auditors to carry out the assessment has been completed. The Press Release...
  • Independent assessment of the insurance sector in Romania

    10.09.2014
    The Statement mentions that the assessment will be representative of the Romanian insurance market as it will evaluate insurers representing at least 80% of the market. The main aspects covered by the...
  • Solvency II Directive applicable in Romania from 1 January 2016

    15.07.2014
    As per the Press Release, within the second half of July 2014, the FSA intends to publish the draft of the Law regulating the authorisation and supervision of insurers in Romania (the “Draft Law”)...
  • Un-captivated by Solvency II

    11.04.2014
    Concerns over the implementation of Solvency II are focused on the more stringent capital requirements and the treatment of captives as regular insurance companies. Under the new regime the capital requirements...
  • Solvency II update (Internal material - CMS only)

    14.03.2014
    The Omnibus II directive, which amends certain provisions of Solvency II, has been published by the European Commission on 13th November 2013 and, following a plenary vote, has been adopted by the European...
  • Insurance Sector Update - Solvency II, IMD II and broker remuneration

    10.01.2013
    EU - Solvency II Read our Solvency II report herehere. This explains the key issues of dispute and the latest news about the further delays to the timetable. Read our FAQs on this topic . EU - IMD II...
  • Solvency II update

    22.11.2012
    Timing The Solvency II Directive was formally passed by the European Parliament at the end of 2009. As made, it required Member States to transpose Solvency II into national law by 31 October 2012. From...
  • Solvency II - Why the Delay, and is it Terminal?

    13.11.2012
  • Liquidity Swaps - An Overview (article)

    27.09.2012
    Although a range of structures may be used, the core element of such transactions is an exchange of assets between a bank, as borrower, and insurer, as lender. In its simplest form, the parties may enter...
  • Solvency II Update - Timing issues (Tim Scott)

    21.09.2012
    Background The Solvency II Directive (2009/138/EC) was formally passed by the European Parliament at the end of 2009. As made, it required Member States to transpose Solvency II into national law by 31...