You may need to fill out a form for this survey, but I thoroughly recommend it - there are so many unattributed gossipy quotes I felt like I was reading TMZ!
Being focused on UK and Ireland, it was hilarious to see what the Mainland Europe guys had to say (as you will see in these bullets;
- Real expectation of regulatory arbitrage opportunities, to the extent that at least one respondent advocated fines at national supervisor level for non-alignment!
- General fears of regulatory staff shortage (proven at UK level)
- Fluidity of ORSA requirement still a concern (rightly so)
- Shoft from driving for Sol II benefits to basic compliance
- Shift to risk based capital allocation is already improving "simplistic" approaches to underwriting
- Northern European countries thought to be in the vanguard (Dutch, German and UK authorities), ahead of the "laissez faire attitude of the wine drinkers of the south"! [I must add that, with a viticulteur for a father in law, I can buy in to this one!]
- Level playing field not expected for some time - one particular exception highlighted was small French mutuals who provide single line cover, where the suggestion was that an exemption may be sought