"Solvency II a bigger risk to insurers than hurricanes"

A recent Northdoor survey suggests the insurance industry regards Solvency II as a bigger risk to its business practices than hurricanes.

The survey of 38 representatives from insurers found that nearly two-thirds (58%) of respondents believe that Solvency II represents a bigger risk than hurricanes.

Rob Stavrou, director of consultancy at Northdoor, said, “The fact that the industry sees Solvency II as on a par with hurricane season shows that this really is the burning issue in the market right now."

Read the full article

To know more contact the Northdoor Solvency II specialists.

 

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