Eight Key Messages on the Financial Turmoil

The CEA published a paper setting out eight key messages from the turmoil from a European insurance industry perspective. The paper emphasises that Europe’s insurers have generally shown resilience to the shocks to the global financial system, reflecting the strength of the insurance business model. It also reiterates the message that moving to the proposed Solvency II regime will enhance risk management in insurance companies, improve their capital allocation and strengthen their ability to resist crises. More...