EIOPA Solvency II Rules May Lead to New Opportunities
For big multinational insurance groups, like Allianz, Aviva, Aegon and Mapfre, that have their home office in the EU, Solvency II’s long reach
For big multinational insurance groups, like Allianz, Aviva, Aegon and Mapfre, that have their home office in the EU, Solvency II’s long reach
ONCE in a while an opinion poll throws up an insight that is very revealing.
Last week it was the Pew Global survey of European countries. Among the usual questions about attitudes to the euro and the European Union, people in eight nations (Britain, France, Germany, the Czech Republic, Greece, Italy, Poland and Spain) were asked which country in the European Union is the hardest-working.
The Greeks ignored the obvious answer (Germany) and instead nominated themselves.
As Europe begins another year of its sovereign debt crisis, many core and peripheral European countries are still in poor financial shape. Italy is showing worrisome signs, Portugal is in shambles, and Spanish banks and real estate are a mess.