Analysts expect Solvency II to be less draconian than feared

03/30/2012 | Wall Street Journal, The

European insurers are bracing for Solvency II capital rules, but analysts said the regulations won't be as tough as expected. Until recently, Solvency II would have forced insurers to provide capital cushions to protect themselves when prices of bonds they hold drop. Insurers said that because they keep bonds to maturity, capital cushions are unnecessary. Peter Skinner, a member of the European Parliament's Economic and Monetary Affairs Committee, offered an amendment to address the situation.

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Wall Street Journal, The

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