Very cute article citing Moody's research on how Solvency II is already driving asset selection (and even product viability) in the United States, a jurisdiction that still hasn't made too many steps towards jumping through the "equivalence" hoops!
It is of course a given that products with embedded options and guarantees are going to be pricey under the new regime, but to hear that it is already driving capital allocation away from a country which will no doubt get equivalence (thus avoiding extra capital charges) is quite something.
An online repository for Solvency II, ERM and Corporate Governance material and comment from the Principal of Governance Matters, an independent Risk Consultancy firm based on the Isle of Man.
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