View more on these topics

EC appoints Deloitte for Solvency II impact work

Deloitte has today announced that it has been appointed by the European Commission to provide support in the development of the Solvency II level two impact assessment.

Deloitte will conduct a study on the likely impact on insurance markets and products and social and economic impacts. It will also assess the impact on insurers’ balance sheets and business behaviour of the potential policy options being considered.

The scope of the work will cover four key product lines including mass risks insurance, long term savings and retirement products, health insurance and business to business insurance.

Deloitte lead partner on the UK Solvency II team Rick Lester says: “This is a great win for our Solvency II practice and we are delighted to be working with the European Commission on this important assessment. As further deadlines in the Solvency II timetable approach we are pleased to be at the heart of the developments advising the Commission on how the market will be impacted.”

Deloitte insurance partner Andrew Power adds: “Solvency II is expected to have a significant impact on insurers across the EU. The market impact assessment will be an important component in understanding how the insurance landscape might evolve across the member states and the impact of various policy options. We are looking forward to consulting with the various stakeholders and to assisting the EU Commission.”


Split capital

I have just agreed the financial settlement on my divorce. What should I do now?

Craig Inches – thoughts on how to preserve capital and generate income in an inflationary environment

In this short video, Craig Inches, head of short rates and cash at Royal London Asset Management, offers his thoughts on how to preserve capital and generate income in an inflationary environment. Watch the video in full The value of investments and the income from them is not guaranteed and may go down as well […]


News and expert analysis straight to your inbox

Sign up


    Leave a comment


    Why register with Money Marketing ?

    Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

    News & analysis delivered directly to your inbox
    Register today to receive our range of news alerts including daily and weekly briefings

    Money Marketing Events
    Be the first to hear about our industry leading conferences, awards, roundtables and more.

    Research and insight
    Take part in and see the results of Money Marketing's flagship investigations into industry trends.

    Have your say
    Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

    Register now

    Having problems?

    Contact us on +44 (0)20 7292 3712

    Lines are open Monday to Friday 9:00am -5.00pm