Eiopa unfazed by insurer solvency dip
The European Insurance and Occupational Pensions Authority (Eiopa) has said that the majority of insurance companies remain well capitalised under the current Solvency I rules.
In its twice-yearly financial stability report, the European super-regulator noted that by the end of 2011 the 20 largest European insurance groups were on average capitalised at 200 percent of their regulatory capital requirements.
However, the body noted that capitalisation and profitability are now facing a slightly decreasing trend, in a reversal of the relatively...
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