EU and U.S. find middle ground on Solvency II equivalence

EU and U.S. regulators have ultimately defined the final follow-up steps regarding the Solvency II negotiations. The agreement relates to ensuring consumer protection and to contributing to a heightened regulatory certainty for insurers and reinsurers active in the EU and U.S. zone. The Solvency II reconciliation paper comprises of three areas which are significant to [...]