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“Solvency is never an issue for a soveriegn currency issuer.”
“Mr. Ward said a challenge for this year will be the new solvency regulations to be implemented among European insurers in 2013 under what is known as Solvency II.”
“Other nations are tightening checks on insurers as well, with the European Union moving toward adopting a new regulatory regime called Solvency II.”
“Analysts at ING said Aegon will likely postpone plans to make acquisitions until there is more clarity on the final shape of stricter capital rules for European insurers, also known as Solvency II.”
“European regulators are working on a new set of rules, dubbed Solvency 2, which aims to set common standards for European insurers that will come into force by the end of 2012.”
“More EIOPA stress test presentation The test was based on tougher capital requirements for insurers, known as Solvency II, that will come into effect Jan. 1, 2013.”
“The current regime known as Solvency I, is appropriate for now, he said.”
“Last year's stress test used the current capital regime for insurers, known as Solvency I.”
“Analysts are watching solvency levels ahead of new capital requirements, known as Solvency II, due to be implemented across Europe in 2013.”
“The reform, known as Solvency II, is still a work in progress.”
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