CEA supports risk–based economic approach on Solvency II

28 January 2008

The CEA confirms its support for the risk–based economic approach adopted in the framework draft Directive on Solvency II. CEA President Gérard de la Martinière said at the Commission public hearing on Solvency II and QIS4 that: "Following a risk-based economic approach is the precondition to building a prudential system that reflects the risk profile of the undertakings, incentivises good internal risk management and achieves appropriate harmonisation in supervisory practices across Europe."

 

Press release

 

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