Solvency II - Condor Brief

Insurance

Solvency II: Europe is rewriting the rules for long-term capital

The tension is increasingly visible. Changes to Solvency II, the treatment of long-term equity investments, infrastructure and securitisation all form part of a broader debate about how insurers should invest. The political objective is clear enough: mobilise more long-term European savings towards productive investment. Translating that ambition into

Insurance

The volatility adjustment: from poisoned gift to dependence

Introduced to protect insurers from artificial balance-sheet volatility, Solvency II’s volatility adjustment has become an established component of European insurance capital management. A decade later, the question is no longer simply who uses it, but how much reported solvency depends on it. When Solvency II entered into force