I have just kept an eye on the Solvency II aspects - references were as follows;
- Higher capital requirements for long-tail business and "overly stringent" capital requirements noted as a challenge which could undermine profitability
- "Onerous" capital requirements deriving from Solvency II could harm policyholders and economic growth
- Life companies will be "forced to shift assets into less risk asset classes"
- "Stricter solvency regulation (Solvency II) and higher capital requirements will be implemented by ratings agencies going forward"
- "Positive step" of Solvency II nullified somewhat by the tightening of "key parameters" since the credit crisis, leading to (potentially) higher capital requirements for "the most important life insurance products"